https://www.taxtmi.com/caselaws?id=439400 The Tribunal allowed the appeals against the CIT(A) orders regarding the levy of late fees under section 234E of the Income Tax Act for the Assessment Years 2013-14 to 2015-16. The appellant's belated filing of TDS statements led to the imposition of late fees by the Central Processing Centre. The Tribunal found that the late fee charges should be deleted as the amendment introducing late fees under section 234E from 01.06.2015 should only apply prospectively. As a result, the late fee charges were removed for the mentioned assessment years. en-us Wed, 21 Jun 2023 00:00:00 +0530 Fri, 23 Jun 2023 07:49:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439400 The Tribunal allowed the appeals against the CIT(A) orders regarding the levy of late fees under section 234E of the Income Tax Act for the Assessment Years 2013-14 to 2015-16. The appellant's belated filing of TDS statements led to the imposition of late fees by the Central Processing Centre. The Tribunal found that the late fee charges should be deleted as the amendment introducing late fees under section 234E from 01.06.2015 should only apply prospectively. As a result, the late fee charges were removed for the mentioned assessment years. Case-Laws Income Tax Wed, 21 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439400