https://www.taxtmi.com/caselaws?id=456241 The ITAT ruled that the levy of interest and late fees under section 234E was invalid, as section 194-IA was deemed inapplicable due to the consideration paid to property owners being below the prescribed limit. Consequently, the demand for interest and late fees was ordered to be deleted. The TDS already deposited would not be refunded. Both appeals were allowed, with the order pronounced on 08/06/2018. en-us Fri, 08 Jun 2018 00:00:00 +0530 Tue, 09 Jul 2024 19:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456241 The ITAT ruled that the levy of interest and late fees under section 234E was invalid, as section 194-IA was deemed inapplicable due to the consideration paid to property owners being below the prescribed limit. Consequently, the demand for interest and late fees was ordered to be deleted. The TDS already deposited would not be refunded. Both appeals were allowed, with the order pronounced on 08/06/2018. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456241