Late Fee Under Income Tax Act Section 234E Stands Alone; Court Upholds Fees Imposed Before June 1, 2015.

Late Fee Under Income Tax Act Section 234E Stands Alone; Court Upholds Fees Imposed Before June 1, 2015. https://www.taxtmi.com/highlights?id=73456 Levy late fee u/s 234E - intimation u/s 200A - late fee imposed prior to 01.06.2015 - Section 234E of the Act by itself creates a liability and the liability to pay the late fee is not dependent on Section 200A(1)(c) of the Act which only prescribes the recovery mechanism - Levy of late fee is not dependent on Section 200A(1)(c) - Challenge to the order imposing the levy of late fee prior to 01.06.2015 stands rejected. - HC en-us Thu, 07 Dec 2023 14:17:52 +0530 Thu, 07 Dec 2023 15:46:04 +0530 TaxTMI RSS Generator Late Fee Under Income Tax Act Section 234E Stands Alone; Court Upholds Fees Imposed Before June 1, 2015. https://www.taxtmi.com/highlights?id=73456 Levy late fee u/s 234E - intimation u/s 200A - late fee imposed prior to 01.06.2015 - Section 234E of the Act by itself creates a liability and the liability to pay the late fee is not dependent on Section 200A(1)(c) of the Act which only prescribes the recovery mechanism - Levy of late fee is not dependent on Section 200A(1)(c) - Challenge to the order imposing the levy of late fee prior to 01.06.2015 stands rejected. - HC Highlights Income Tax Thu, 07 Dec 2023 14:17:52 +0530 https://www.taxtmi.com/highlights?id=73456