https://www.taxtmi.com/caselaws?id=754813 ITAT Chennai held that late fee under section 234E cannot be levied for belated filing of quarterly TDS returns for assessment years prior to 01.06.2015. The amendment to section 200A by Finance Act, 2015 was effective from 01.06.2015, making the levy of late fee for financial years 2012-13 and 2013-14 without authority and invalid. Following precedents from Madras HC and ITAT Chennai, the tribunal directed the Assessing Officer to delete the late fee charged under section 234E for processing quarterly TDS returns filed by the assessee. Appeal decided in favor of assessee. en-us Wed, 26 Jun 2024 00:00:00 +0530 Fri, 28 Jun 2024 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754813 ITAT Chennai held that late fee under section 234E cannot be levied for belated filing of quarterly TDS returns for assessment years prior to 01.06.2015. The amendment to section 200A by Finance Act, 2015 was effective from 01.06.2015, making the levy of late fee for financial years 2012-13 and 2013-14 without authority and invalid. Following precedents from Madras HC and ITAT Chennai, the tribunal directed the Assessing Officer to delete the late fee charged under section 234E for processing quarterly TDS returns filed by the assessee. Appeal decided in favor of assessee. Case-Laws Income Tax Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754813