https://www.taxtmi.com/caselaws?id=760600 ITAT Delhi held that late fee under section 234E for delayed filing of TDS statements cannot be recovered through processing under section 200A for periods prior to 01.06.2015. The pre-amended section 200A as it stood on 31.03.2013 did not permit processing of TDS statements for default in payment of late fee. Following Karnataka Grameen Bank precedent, the amendment enabling computation of section 234E fee during processing came into effect only from 01.06.2015 with prospective application. The demand for late fee was therefore quashed as illegal for pre-amendment periods. en-us Fri, 11 Oct 2024 00:00:00 +0530 Wed, 23 Oct 2024 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760600 ITAT Delhi held that late fee under section 234E for delayed filing of TDS statements cannot be recovered through processing under section 200A for periods prior to 01.06.2015. The pre-amended section 200A as it stood on 31.03.2013 did not permit processing of TDS statements for default in payment of late fee. Following Karnataka Grameen Bank precedent, the amendment enabling computation of section 234E fee during processing came into effect only from 01.06.2015 with prospective application. The demand for late fee was therefore quashed as illegal for pre-amendment periods. Case-Laws Income Tax Fri, 11 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760600