Thus, post 1st June 2015, in the course of processing of a TDS statement and issuance of intimation u/s 200A in respect thereof, an adjustment could also be made in respect of the ‘fee’, if any, shall be computed in accordance with the provisions of section 234E. Prior to 1st June 2015, there was no enabling provision therein for raising a demand in respect of levy of fees u/s 234E of the Act.
The recent happenings in Karnataka and Tamil Nadu and what is continuing in Kashmir and the political wrangles being perpetuated among the warring politicians and political parties and vested interests have opened a Pandora Box as to where our country is heading towards.
