Kerala HC Quashes Retrospective Section 234E TDS Late Fees

Jiji Varghese Vs ITO (Kerala High Court) Kerala High Court has quashed demands for late fees levied under  of the Income Tax Act, 1961, for the period between 2012-13 and 2014-15, ruling that the provision for levying such fees through intimation became effective only from June 1, 2015. The judgment came in the case of Jiji Varghese Vs ITO, where the petitioner challenged intimations demanding late fees for delayed filing of TDS remittance statements. The petitioner, an assessee, had deducted and remitted TDS to the Income Tax Department but faced delays in filing the corresponding statements...