Section 234E Late Fee Deletion for TDS Statements

Quick Summary

This judgement concerns appeals filed by M/s Transpose Solutions (India) against late fees levied under section 234E of the Income Tax Act for delayed submission of Tax Deducted at Source (TDS) statements. The assessee argued that the relevant assessment years predated the amendment that incorporated the section 234E fee into section 200A of the Act, making the levy inapplicable. The appeals were filed against a common order from the CIT(A)-9, Bangalore.

Court :
ITAT Bangalore

Brief :
Present appeals has been filed by assessee againstcommon order dated 25/07/2019 passed by Ld.CIT(A)-9, Bangalore for assessment years 2013-14 to 2015-16. The issue that arises out of the present appeal is challenging the late fee levied under section 234E of the Act, for delay in furnishing the tax deducted at source statement.

Citation :
ITA 2200/BANG/2019

Daily Limit Reached