No Late Fees under Section 234E Before June 1, 2015: ITAT Chennai

Bank of India Vs ACIT (ITAT Chennai)

In the case of Bank of India vs Assistant Commissioner of Income Tax (ACIT), the Income Tax Appellate Tribunal (ITAT) Chennai examined the legality of the imposition of TDS late fees under section 234E for periods before June 1, 2015. This case presents an important question regarding the time-specific applicability of certain tax laws, contributing to ongoing discourse within the domain of taxation.

Analysis: The case began with the le

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