In the result, the appeals of the assessee bearing ITA No
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
TDS is liable to pay by way of fee a sum of Rs. 200/- per day during which the failure continues. Section 234E of the Act inserted by the Finance Act, 2012 w.e.f. 1-7-2012. reads as follows: - "234E. Fee for default in furnishing statements.—(1) Without prejudice to the provisions of the Act, where a person fails