ITAT Indore: Section 234E Late Fee Deleted for Pre-01.06.2015 Period

BMG Calcuttawala Jewellers Private Limited Vs ITO (ITAT Indore)

234E Late Fee Deleted for Pre-01.06.2015 Period: Conflicting HC Views-  Apply Vegetable Products Rule -ITAT Follows Favourable View

Assessee filed TDS statement in Form 24Q for Q4 of FY 2012-13 on 13.12.2013. CPC processed the statement u/s 200A on 09.03.2021 & raised total demand of ₹64,417 comprising late fee of ₹40,231 u/s 234E & interest of ₹24,186 u/s 220(2). CIT(A) confirmed levy of late fee. Before Tribunal, assessee argued that for AY 2013-14, i.e., for defaults prior to 0

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