Imposition of late fees for delay in filing of TDS/ TCS statement prior to 01.06.2015 is bad-in-law

St. Alphonsa Timbers & Traders  Pvt Ltd Vs ITO (ITAT Cochin) ITAT Cochin held that prior to 1st June 2015, there was no provision enabling demand in respect of levy of fees u/s 234E for late filing of TDS/ TCS statement. Accordingly, imposition of late fees prior to 1st June 2015 is bad-in-law. Facts- The issue involved here is that the assessee failed to furnish the TDS/ TCS return on or before the respective due date. Accordingly, AO passed an order u/s 154 r.w.s. 200A of the Income Tax Act proposing imposition of penalty under section 234E. IT(A) dismissed the appeal. Being aggrieved, ...