https://www.taxtmi.com/caselaws?id=435216 The Appellate Tribunal ITAT Chennai allowed all five appeals filed by the assessee, ruling in favor of the appellant and setting aside the late filing fees charged under section 234E for TDS statements filed prior to 01.06.2015. The Tribunal held that the amendment enabling the levy of fees under section 234E was prospective and not retrospective, applying only to statements filed after 01.06.2015. The decision was based on the absence of a legal provision before the specified date and the precedents supporting the prospective nature of the amendment. en-us Tue, 28 Feb 2023 00:00:00 +0530 Tue, 14 Mar 2023 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435216 The Appellate Tribunal ITAT Chennai allowed all five appeals filed by the assessee, ruling in favor of the appellant and setting aside the late filing fees charged under section 234E for TDS statements filed prior to 01.06.2015. The Tribunal held that the amendment enabling the levy of fees under section 234E was prospective and not retrospective, applying only to statements filed after 01.06.2015. The decision was based on the absence of a legal provision before the specified date and the precedents supporting the prospective nature of the amendment. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435216