Mere Late Filing of Form 27Q Cannot be Criteria for Levying Fees u/S 234E: ITAT [Read Order]

Mere Late Filing of Form 27Q - Criteria for Levying Fees - ITAT - TAXSCAN

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that mere late filing of Form 27Q could not be considered as the criteria for levying fees under Section 234E of the Income Tax Act 1961. The assessee,Kanta Govind Singh, was a resident senior citizen aged 85 years. During the year under consideration the…

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