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Madras HC Upholds Sec 234F Of Income Tax Act Prescribing Fees For Delayed Filing Of Returns [Read Judgment]
LIVELAW NEWS NETWORK
8 Feb 2020 10:50 AM IST
In a notable judgment, the Madras High Court has upheld the constitutionality of Section 234F of the Income Tax Act 1961, which prescribed fees for delayed submission of returns.The validity of this provision, inserted as per Finance Act 2018, was challenged on the ground that the "fee" for delayed returns was a "penalty" in disguise. According to the petitioners, the charges prescribed in...
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![Madras HC Upholds Sec 234F Of Income Tax Act Prescribing Fees For Delayed Filing Of Returns [Read Judgment] Madras HC Upholds Sec 234F Of Income Tax Act Prescribing Fees For Delayed Filing Of Returns [Read Judgment]](https://www.livelaw.in/h-upload/2019/06/15/750x450_361514-court-fees-madras-high-court.jpg)