https://www.taxtmi.com/caselaws?id=762488 ITAT Kolkata ruled that levy of fee under section 234E and interest under section 220(2) for periods prior to 01.06.2015 cannot be sustained. The assessee successfully argued that provisions of section 200A(1)(c)(d)(f) came into force only from 01.06.2015 through Finance Act, 2015, and authorities lacked jurisdiction for earlier periods. Following precedent in Shri Bhaskar Roy case, ITAT held the demand for late fee under section 234E for pre-01.06.2015 period unsustainable and decided in favor of the assessee. en-us Fri, 29 Nov 2024 00:00:00 +0530 Wed, 18 Dec 2024 13:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762488 ITAT Kolkata ruled that levy of fee under section 234E and interest under section 220(2) for periods prior to 01.06.2015 cannot be sustained. The assessee successfully argued that provisions of section 200A(1)(c)(d)(f) came into force only from 01.06.2015 through Finance Act, 2015, and authorities lacked jurisdiction for earlier periods. Following precedent in Shri Bhaskar Roy case, ITAT held the demand for late fee under section 234E for pre-01.06.2015 period unsustainable and decided in favor of the assessee. Case-Laws Income Tax Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762488