https://www.taxtmi.com/caselaws?id=435021 The Tribunal allowed the Assessee's appeal, directing the deletion of the late fee charged under section 234E of the Income-Tax Act. The decision was based on legal principles, precedence set by the jurisdictional High Court, and the interpretation of relevant provisions under the Income-Tax Act. The Tribunal emphasized following the decision of the jurisdictional High Court amidst conflicting views from other High Courts, ultimately ruling in favor of the Assessee in alignment with the precedent established by the Hon'ble Karnataka High Court. en-us Tue, 07 Mar 2023 00:00:00 +0530 Thu, 09 Mar 2023 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435021 The Tribunal allowed the Assessee's appeal, directing the deletion of the late fee charged under section 234E of the Income-Tax Act. The decision was based on legal principles, precedence set by the jurisdictional High Court, and the interpretation of relevant provisions under the Income-Tax Act. The Tribunal emphasized following the decision of the jurisdictional High Court amidst conflicting views from other High Courts, ultimately ruling in favor of the Assessee in alignment with the precedent established by the Hon'ble Karnataka High Court. Case-Laws Income Tax Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435021