Saturday, 24 October 2015

Sec. 234E- levying fee for default in filing of TDS return isn't unconstitutional: P&H High Court

IT : Section 234E(Fee for defaults in furnishing TDS statements) is neither ultra vires nor unconstitutional . Section 234E is not punitive and is in the nature of fees and not a tax. It is levied as a fixed charge for extra services which are provided by the Department to the deductee in the form of extra work of revising deductee's assessment when deductor defaults in timely filing of TDS statements

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