https://www.taxtmi.com/caselaws?id=307043 The ITAT Chennai allowed the appeal, holding that late fees under section 234E were not applicable for periods before 01.06.2015. The decision was based on the prospective nature of the relevant amendment to section 200A of the Act. The ITAT directed the Assessing Officer to delete the late fees levied for the Quarter 3 of FY 2012-13 as they were imposed for AY 2013-14, falling before the specified date. This ruling provided clarity on the issue of late fees under the Income Tax Act, ensuring compliance with legal provisions and precedents. en-us Tue, 16 Aug 2022 00:00:00 +0530 Tue, 14 Mar 2023 21:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307043 The ITAT Chennai allowed the appeal, holding that late fees under section 234E were not applicable for periods before 01.06.2015. The decision was based on the prospective nature of the relevant amendment to section 200A of the Act. The ITAT directed the Assessing Officer to delete the late fees levied for the Quarter 3 of FY 2012-13 as they were imposed for AY 2013-14, falling before the specified date. This ruling provided clarity on the issue of late fees under the Income Tax Act, ensuring compliance with legal provisions and precedents. Case-Laws Income Tax Tue, 16 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307043