https://www.taxtmi.com/caselaws?id=786780 Whether late fee under Section 234E can be imposed by summary processing is decided on the ground that the amendment authorising levy by processing is prospective; the principle applied is prospective application of statutory amendments and limits operability of summary processing to defaults processed under the amended clause only from 01.06.2015, resulting in relief where returns were processed earlier. Where returns were processed before that date, the operative effect is recomputation of the late fee confined to the period from 01.06.2015 until filing; delay in first appeal may be condoned to apply this remedial position on merits. en-us Mon, 16 Feb 2026 00:00:00 +0530 Thu, 19 Feb 2026 07:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786780 Whether late fee under Section 234E can be imposed by summary processing is decided on the ground that the amendment authorising levy by processing is prospective; the principle applied is prospective application of statutory amendments and limits operability of summary processing to defaults processed under the amended clause only from 01.06.2015, resulting in relief where returns were processed earlier. Where returns were processed before that date, the operative effect is recomputation of the late fee confined to the period from 01.06.2015 until filing; delay in first appeal may be condoned to apply this remedial position on merits. Case-Laws Income Tax Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786780