Late Filing Fee Imposed for Delayed TDS Statement Upheld by ITAT

Yogender Kumar Vs ITO (ITAT Delhi) Introduction: In the case of Yogender Kumar Vs ITO, the Income Tax Appellate Tribunal (ITAT), Delhi, upheld the decision to impose a late filing fee on the assessee for a delay in filing the Tax Deducted at Source (TDS) statement. The assessee had purchased an immovable property and while the TDS was deducted and deposited as required, the filing of the TDS statement was delayed, resulting in a late filing fee. Analysis: The case centers on the consequences of a delayed filing of the TDS statement, under Section 234E of the Income-tax Act, 1961. In this insta...