https://www.taxtmi.com/caselaws?id=434052 The appeals filed by the Assessee-Bank against the levy of late filing fees under section 234E of the Income Tax Act and interest under section 220(2) were dismissed. The focal point was the interpretation of the amendment in section 200A regarding fee computation under section 234E, with a dispute over its retrospective application. The Assessee's contentions on the invalidity of demands raised before 01.06.2015 and the dismissal of appeals against original orders were not upheld. The tribunal followed decisions of Coordinate Benches in similar cases, leading to the dismissal of the Assessee's appeals. en-us Tue, 31 Jan 2023 00:00:00 +0530 Wed, 15 Feb 2023 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434052 The appeals filed by the Assessee-Bank against the levy of late filing fees under section 234E of the Income Tax Act and interest under section 220(2) were dismissed. The focal point was the interpretation of the amendment in section 200A regarding fee computation under section 234E, with a dispute over its retrospective application. The Assessee's contentions on the invalidity of demands raised before 01.06.2015 and the dismissal of appeals against original orders were not upheld. The tribunal followed decisions of Coordinate Benches in similar cases, leading to the dismissal of the Assessee's appeals. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434052