Section 234E Late Fee leviable for TDS Default Post 01-06-2015 Valid

Indiasoft Technologies Pvt. Ltd. Vs ACIT, CPC-TDS (ITAT Pune) Provisions of section 234E of the Act are substantive in nature and the mechanism for computing the late fee was provided by the Parliament only w.e.f. 01.06.2015. Therefore, late fees u/s 234E of the Act can be levied only prospectively w.e.f. 01.06.2015. FULL TEXT OF THE ORDER OF ITAT PUNE These are the appeals filed by the assessee against the separate orders of ld. Commissioner of Income Tax (Appeals)- National Faceless Appeal Centre, Delhi dated 10.08.2021 for the assessment years 2013-14, 2014-15 and 2015-16 respectively. 2. S...