No Section 234E late fees for delayed TDS Statement filed before 31.05.2015

Klug Avalon Mechatronics Private Limited Vs ITO (ITAT Pune)

ITAT held that a person is liable to deduct any sum under the provisions of chapter XVII of the Act, is under obligation to deliver or furnish a statement u/s 200(3) of the Act within the due date prescribed therein and in the event of default, is exposed to section 234E of the Act. Although the levy of fees u/s 234E of the Act for delay in furnishing statement has been brought into statute w.e.f. 1^st July, 2012, the enabling provision of section 200A(1)(c) authorising such levy came

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