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Income Tax - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Fee u/s 234E - CIT(A) deleted the fee - where the TDS statement ...


CIT(A) Removes Fee u/s 234E Due to Low Tax Effect Circular from CBDT, Binding on Revenue.

August 19, 2020

Case Laws     Income Tax     AT

Fee u/s 234E - CIT(A) deleted the fee - where the TDS statement has been processed by the CPC and while processing the same, fee u/s 234E has been levied having tax effect less than the prescribed limit, it will continue to be governed by low tax effect circular issued by the CBDT which is binding on the Revenue. - AT

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