Late fee under section 234e
This query is : Resolved
07 September 2013
1. effective date and quarter of applicability of the section 234E
2. whether the late fee is mandatory or whether the ITO has powers to waive the same.
2. whether the late fee is mandatory or whether the ITO has powers to waive the same.
07 September 2013
2. Mandatory. No power to waive.
07 September 2013
234E applicable fro all returns from 01.07.2012.
Its mentioned as TRACES site that "Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived"
Its mentioned as TRACES site that "Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived"
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- If there is Long term capital gain exists how much total income to be considered
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
