Fee under 234E Prospective from June 01, 2015: ITAT Chandigarh

Batra Exports Vs DCIT (ITAT Chandigarh)

Introduction: The recent ruling by the Income Tax Appellate Tribunal (ITAT) Chandigarh in the case of Batra Exports Vs DCIT sheds light on the jurisdiction to levy fees under section 234E of the Income Tax Act, particularly concerning the period prior to June 1, 2015.

Detailed Analysis: The crux of the matter revolves around the retrospective or prospective nature of the amendment introduced by the Finance Act, 2015.

Please become a Premium member. If you are already a Premium member, login here to access the full content.