https://www.taxtmi.com/caselaws?id=449427 ITAT Delhi held that fees under section 234E of Income Tax Act, 1961 cannot be levied for assessment years prior to June 1, 2015, as the provision came into effect from that date. The tribunal found that since the assessee filed TDS statements and deposited tax before the statutory deadline, no fee was leviable under section 234E. Following precedent from coordinate bench, the tribunal cancelled demands under section 234E and associated interest under sections 220(2) and 201(1A), as no default order was passed. The assessee's appeal was allowed. en-us Thu, 18 Jan 2024 00:00:00 +0530 Sat, 10 Feb 2024 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449427 ITAT Delhi held that fees under section 234E of Income Tax Act, 1961 cannot be levied for assessment years prior to June 1, 2015, as the provision came into effect from that date. The tribunal found that since the assessee filed TDS statements and deposited tax before the statutory deadline, no fee was leviable under section 234E. Following precedent from coordinate bench, the tribunal cancelled demands under section 234E and associated interest under sections 220(2) and 201(1A), as no default order was passed. The assessee's appeal was allowed. Case-Laws Income Tax Thu, 18 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449427