Section 234E Has No Teeth Without 200A: Pre-01-06-2015 TDS Late-Fee Quashed

Prakashchand Vs ITO (ITAT Chennai) The Income Tax Appellate Tribunal Chennai decided a batch of four appeals concerning the levy of late-filing fee under Section 234E of the Income-tax Act for delayed filing of TDS statements for assessment years 2013-14 and 2014-15. The assessee, a tax deductor engaged in business activities requiring deduction of tax at source, had filed quarterly TDS statements belatedly. While processing these statements, CPC-TDS levied late-fee under Section 234E through intimations issued under Section 200A and subsequently sought to sustain the levy through rectificatio...