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| The Tax Publishers2021 TaxPub(DT) 0800 (Hyd-Trib) INCOME TAX ACT, 1961
Section 234E
In the case of Satya Surya Aluminium Industries Ltd. v. ITO (TDS), Ward 2(2), Hyderabad in ITA No. 444 to 447/H/18 dt. 29-1-2019, it was held that 'with regard to TDS returns filed after 1-6-2015, the fees levied under section 234E is applicable'. Following the said decision, assessee is liable to pay the late fee as levied for the assessment year 2017-18.
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Fee under section 234E - Leviability - Applicability of amendment to section 200A with effect from 1-6-2015 -
Assessee sought to reversal of the action of AO in levying late fee under section 234E on the ground that section 200A enabling AO to charge late fee under section 234E for the period only prior to 1-6-2015. Held: In the case of Satya Surya Aluminium Industries Ltd. v. ITO (TDS), Ward 2(2), Hyderabad in ITA No. 444 to 447/H/18 dt. 29-1-2019, it was held that 'with regard to TDS returns filed after 01-06-2015, the fees levied under section 234E is applicable'. Following the said decision, assessee is liable to pay the late fee as levied for the assessment year 2017-18.
Followed:Satya Surya Aluminium Industries Ltd. v. ITO (TDS) ITA No. 444 to 447/H/18 dt. 29-1-2019.
REFERRED :
FAVOUR : Against the assessee.
A.Y. : 2017-18 & 2018-19
IN THE ITAT, HYDERABAD BENCH
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