https://www.taxtmi.com/caselaws?id=446597 The HC dismissed a writ petition challenging the levy of late fee under Section 234E prior to 01.06.2015. The court held that Section 234E creates substantive liability for late fee when statements are not filed within prescribed time limits, effective from 01.07.2012. The liability is independent of Section 200A(1)(c) which merely prescribes recovery mechanism and was introduced through Finance Act 2015. The court disagreed with Karnataka HC's view that Section 234E requires Section 200A(1)(c) to be operative, finding Section 234E is self-contained substantive provision allowing self-declaration and payment of late fee. en-us Fri, 10 Nov 2023 00:00:00 +0530 Tue, 30 Jun 2026 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446597 The HC dismissed a writ petition challenging the levy of late fee under Section 234E prior to 01.06.2015. The court held that Section 234E creates substantive liability for late fee when statements are not filed within prescribed time limits, effective from 01.07.2012. The liability is independent of Section 200A(1)(c) which merely prescribes recovery mechanism and was introduced through Finance Act 2015. The court disagreed with Karnataka HC's view that Section 234E requires Section 200A(1)(c) to be operative, finding Section 234E is self-contained substantive provision allowing self-declaration and payment of late fee. Case-Laws Income Tax Fri, 10 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446597