2024 (11) TMI 690

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....MANISH BORAD, ACCOUNTANT MEMBER : This appeal filed by the assessee pertaining to the Assessment Years (in short "AY") 2013-14 is directed against the order passed u/s.250 of the Income Tax Act, 1961 [in short "the Act"] by the ld.National Faceless Appeal Centre, Delhi [in short "ld.NFAC"] dated 25.07.2024 arising out of the Intimation order passed u/s.200A/206CB of the Act, dated 21.01.2014. ....

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....d out by the Finance Act, 2015 having prospectively incorporated such enabling provision with effect from 01.06.2015 it is clear that the DCIT did not have such power relating to the period prior to 01.06.2015. The appellant prays that the DCIT be directed to delete the fees levied by him under section 234E. The appellant craves leave to add to, amend, alter, delete or modify all....

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....behalf of the assessee despite due service of notice of hearing. We therefore proceed to dispose of the appeal exparte qua the assessee after hearing the ld. Departmental Representative. 6. Ld. Departmental Representative supported the orders passed by the lower authorities and vehemently argued for confirming the late fee levied u/s.234E of the Act. 7. We have heard the ld. Departmental Rep....

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....eturns filed and processed before 01.06.2015, we find the Coordinate Benches of this Tribunal after considering the judicial pronouncements have been taking a consistent view that the amendment brought in Finance Act, 2015 w.e.f. 01.06.2015 under Section 200A (clause (c)] of the Act is prospective in nature thereby empowering the Revenue authorities to charge fee u/s.234E of the Act only after 01.....