{"id":40183,"date":"2022-12-28T10:06:11","date_gmt":"2022-12-28T04:36:11","guid":{"rendered":"https:\/\/www.cagmc.com\/?p=40183"},"modified":"2024-05-31T14:54:39","modified_gmt":"2024-05-31T09:24:39","slug":"late-fees-under-section-234e","status":"publish","type":"post","link":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/","title":{"rendered":"Late fees interest under Section 234E"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-40187 size-full\" title=\"Late fees under Section 234E\" src=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\" alt=\"Late fees under Section 234E\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png 1200w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E-300x158.png 300w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E-1024x538.png 1024w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E-615x323.png 615w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E-400x210.png 400w, https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E-292x153.png 292w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>If the taxpayer fails to furnish or file the TDS (Tax Deducted at Source) or TCS (Tax Collected at Source) return within the given time frame, he has to face the consequences of late filing charges under Section 234E. In addition, he is also liable to pay a fine under Section 271H. This post will help you understand Section 234E of the Income Tax Act, 1961, with examples, penalties, and due dates, along with the maximum limit of Late fees under Section 234E.<\/span><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Table of content\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#is\"><span style=\"font-weight: 400;\">What is the meaning of Section 234E of the Income-tax Act?\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#for\"><span style=\"font-weight: 400;\">Penalty for Not Filing TDS and TCS Returns<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#fees\"><span style=\"font-weight: 400;\">Section 234E Fees Computation<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#or\"><span style=\"font-weight: 400;\">Penalty for Not Filing TDS or TCS Return<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#in\"><span style=\"font-weight: 400;\">Late fees for delay in filing of TDS\/ TCS statement [Section 234E]<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#law\"><span style=\"font-weight: 400;\">Case law<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#conclusion\"><span style=\"font-weight: 400;\">\u00a0Conclusion<\/span><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"is\"><b>What is the meaning of Section 234E of the Income-tax Act?\u00a0<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Section 234E of the Income Tax Act was introduced by the Finance Act of 2012 to cover the late filing of TDS. According to the provisions of\u00a0 234E, a delay fee or penalty applies for the delay in the delivery of the TDS statement by the payer within the due dates. Late filing charges are to be paid for the delay in filing the quarterly TDS\/TCS return to the Income Tax Department. Let&#8217;s take a detailed look at Late fees under Section 234E.<\/span><\/p>\n<h2 id=\"for\"><b>Penalty for not filing TDS and TCS Returns<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Along with Section 234E of the Income Tax Act, Section 271H imposes a penalty on the collector or deductor if the responsible person fails to furnish the TDS or TCS return within the prescribed period.<br \/>\n<\/span><span style=\"font-weight: 400;\">The circumstances in which section 271H is applicable are:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the deductor fails to file the TDS return within the prescribed period,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the collector fails to file the TCS within the prescribed time<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the deductor gives incorrect details at the time of filing TDS,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When the collector gives inaccurate information while filing TCS<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The minimum fine is Rs. 10,000, which can go up to a maximum of Rs. 1,000,000. It should be noted that the penalty under Section 271H will be in addition to the Late fees under Section 234E.<\/span><\/p>\n<h2 id=\"fees\"><b>Section 234E Fees Computation<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Section 200A of the Income Tax Act, which deals with the processing of TDS, provides for deciding whether the amount is refundable or payable to the deductor, along with the refund process if an excess amount is paid by the deductor. The provisions of Section 200A are amended by the Finance Act of 2015 to enable the calculation of fees payable under Section 234E at the time of processing TDS statements.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Since the TCS statement and TDS statement have similar mechanisms, a new section 206CB was inserted by the Finance Act of 2015, which gives the processing of TCS statements in accordance with the requirements for processing TDS statements under Section 200A of the Ordinance &#8211; Taxation Act. At the time of processing the TCS return, new Section 206CB will be in effect, which provides the mechanism for calculating the amount payable under Section 234E of the Income Tax Department.<\/span><\/p>\n<h2 id=\"or\"><b>Penalty for Not Filing TDS or TCS Return<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">If a person fails to file a TDS or TCS return relating to the deduction or collection of tax at source within the prescribed deadline, he may also be penalized with a fine of not less than Rs 10,000. The fine can go up to Rs. 1 lakh. The taxpayer will be required to pay the penalty along with the late filing fee.<br \/>\n<\/span><span style=\"font-weight: 400;\">The assessee shall not incur any penalty under this provision if the following conditions are met:<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The taxpayer shall substantiate the delay with a reasonable reason.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax deducted or collected at the source is credited to the government.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The late filing fee and any interest are credited to the government.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The TDS\/TCS return is filed within one year from the due date.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Remission or reduction of penalty by the Commissioner of Income Tax<\/span><\/li>\n<\/ul>\n<h2 id=\"in\"><b>Late fees for delay in filing of TDS\/ TCS statement [Section 234E]<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Late fees will be payable under Section 234E in the following circumstances:\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The tax deductor fails to submit TDS statements within the prescribed due dates; or<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The tax collector fails to provide TCS statements within the prescribed due dates.<\/span><\/li>\n<\/ul>\n<h2 id=\"law\"><b>Case law<\/b><\/h2>\n<p style=\"text-align: justify;\"><b>Biswajit Das v. Union of India (2019): <\/b><span style=\"font-weight: 400;\">HC upholds the constitutional validity of Section 234E of the Income Tax Act, 1961 (the Act), which imposes a fee for late filing of TDS returns.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Case facts: <\/b><span style=\"font-weight: 400;\">The judge and advocate challenged the constitutional validity of Section 234E of the Act and also sought cancellation of the fee imposed on him as an assessment by the ministry. The assesses main contention was that the fee under Section 234E of the Act was wrongly and illegally termed a &#8220;fee&#8221; as it was levied compulsorily and automatically without actually having the nature of a fee within the meaning of the Act.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>Held by the Hon\u2019ble Delhi High Court:<\/b><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Under Section 234E of the Act, a fee is levied in lieu of any benefit or accommodation provided by the government to a person who has deducted tax on account of another person but has not submitted a tax deduction statement for the delay in filing a TDS return within the period established by law.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">When dealing with the operation and effectiveness of Section 234E of the Act, it is necessary to refer to the provisions of Section 271H of the Act, which waives the imposition of penalty for late submission of a <a href=\"https:\/\/www.cagmc.com\/tds-returns\/\" target=\"_blank\" rel=\"noopener\">TDS return<\/a> or statement if the person proves that he has paid the withheld tax and submitted the TDS statement together with the fee and interest before the expiration of a period of one year from the specified time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is further held that the description of the fee under Section 234E as a &#8220;fee&#8221; does not invalidate the deposit imposed. The provisions of Section 234E of the Act provide the person withholding tax at source an obvious advantage in reducing the deadlines for submitting the statement of tax deducted in this way. The fee imposed under Section 234E of the Act is, for all purposes, a &#8220;late fee&#8221; payable for receipt of a TDS statement or return at a belated point in time.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The provisions of Section 234E imposing a fee for the late submission of the statement of tax withheld at source are not ultra vires provisions of the Constitution.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accordingly, the petition is dismissed.<\/span><\/li>\n<\/ul>\n<h2 id=\"conclusion\"><b>Conclusion<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The timely payment of TDS or TCS payments under Section 234E of the <a href=\"https:\/\/incometaxindia.gov.in\/pages\/acts\/income-tax-act.aspx\" target=\"_blank\" rel=\"noopener\">Income Tax Act<\/a> is the basic responsibility of every taxpayer. However, it should also be noted that if the deadline for submitting the return fall on a Sunday or public holiday, it can be done the following day. Submit your TDS and TCS statement on time to avoid paying late fees.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If the taxpayer fails to furnish or file the TDS (Tax Deducted at Source) or TCS (Tax Collected at Source) [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":40187,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[69],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Late fees under Section 234E - Goyal Mangal &amp; Company<\/title>\n<meta name=\"description\" content=\"This article briefly describes the Late fees under Section 234E, &amp; What is the meaning of Section 234E of the Income-tax Act?\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Late fees under Section 234E - Goyal Mangal &amp; Company\" \/>\n<meta property=\"og:description\" content=\"This article briefly describes the Late fees under Section 234E, &amp; What is the meaning of Section 234E of the Income-tax Act?\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\" \/>\n<meta property=\"og:site_name\" content=\"Goyal Mangal &amp; Company\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goyalmangal\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-28T04:36:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-31T09:24:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"CA Vimal Kumar Sharma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CA Vimal Kumar Sharma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\"},\"author\":{\"name\":\"CA Vimal Kumar Sharma\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/1d6e4e2d6f85c186f643e8088c28a7a6\"},\"headline\":\"Late fees interest under Section 234E\",\"datePublished\":\"2022-12-28T04:36:11+00:00\",\"dateModified\":\"2024-05-31T09:24:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\"},\"wordCount\":1141,\"publisher\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\",\"articleSection\":[\"Income Tax\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\",\"url\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\",\"name\":\"Late fees under Section 234E - Goyal Mangal &amp; Company\",\"isPartOf\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\",\"datePublished\":\"2022-12-28T04:36:11+00:00\",\"dateModified\":\"2024-05-31T09:24:39+00:00\",\"description\":\"This article briefly describes the Late fees under Section 234E, & What is the meaning of Section 234E of the Income-tax Act?\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage\",\"url\":\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\",\"contentUrl\":\"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png\",\"width\":1200,\"height\":630,\"caption\":\"Late fees under Section 234E\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cagmc.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Late fees interest under Section 234E\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#website\",\"url\":\"https:\/\/www.cagmc.com\/blog\/\",\"name\":\"Goyal Mangal &amp; Company\",\"description\":\"Best CA Firm in Jaipur\",\"publisher\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cagmc.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#organization\",\"name\":\"Goyal Mangal & Company\",\"url\":\"https:\/\/www.cagmc.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.cagmc.com\/wp-content\/uploads\/2020\/01\/logo4.png\",\"contentUrl\":\"https:\/\/www.cagmc.com\/wp-content\/uploads\/2020\/01\/logo4.png\",\"width\":673,\"height\":145,\"caption\":\"Goyal Mangal & Company\"},\"image\":{\"@id\":\"https:\/\/www.cagmc.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/goyalmangal\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/1d6e4e2d6f85c186f643e8088c28a7a6\",\"name\":\"CA Vimal Kumar Sharma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83874a84043933ead2ba326161859a4a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83874a84043933ead2ba326161859a4a?s=96&d=mm&r=g\",\"caption\":\"CA Vimal Kumar Sharma\"},\"description\":\"CA Vimal Kumar Sharma has expertise is in the field of Accounting, Budgeting, Management Reporting, Statutory Reporting, Regulatory Compliance, Working Capital Management, Taxation, Statutory and Tax Audit and posses experience of almost 5 years.\",\"url\":\"https:\/\/www.cagmc.com\/blog\/author\/vimalkumar\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Late fees under Section 234E - Goyal Mangal &amp; Company","description":"This article briefly describes the Late fees under Section 234E, & What is the meaning of Section 234E of the Income-tax Act?\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/","og_locale":"en_US","og_type":"article","og_title":"Late fees under Section 234E - Goyal Mangal &amp; Company","og_description":"This article briefly describes the Late fees under Section 234E, & What is the meaning of Section 234E of the Income-tax Act?\u00a0","og_url":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/","og_site_name":"Goyal Mangal &amp; Company","article_publisher":"https:\/\/www.facebook.com\/goyalmangal","article_published_time":"2022-12-28T04:36:11+00:00","article_modified_time":"2024-05-31T09:24:39+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png","type":"image\/png"}],"author":"CA Vimal Kumar Sharma","twitter_card":"summary_large_image","twitter_misc":{"Written by":"CA Vimal Kumar Sharma","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#article","isPartOf":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/"},"author":{"name":"CA Vimal Kumar Sharma","@id":"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/1d6e4e2d6f85c186f643e8088c28a7a6"},"headline":"Late fees interest under Section 234E","datePublished":"2022-12-28T04:36:11+00:00","dateModified":"2024-05-31T09:24:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/"},"wordCount":1141,"publisher":{"@id":"https:\/\/www.cagmc.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png","articleSection":["Income Tax"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/","url":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/","name":"Late fees under Section 234E - Goyal Mangal &amp; Company","isPartOf":{"@id":"https:\/\/www.cagmc.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage"},"image":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png","datePublished":"2022-12-28T04:36:11+00:00","dateModified":"2024-05-31T09:24:39+00:00","description":"This article briefly describes the Late fees under Section 234E, & What is the meaning of Section 234E of the Income-tax Act?\u00a0","breadcrumb":{"@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#primaryimage","url":"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png","contentUrl":"https:\/\/www.cagmc.com\/blog\/wp-content\/uploads\/2022\/12\/late-fees-interest-under-section-234E.png","width":1200,"height":630,"caption":"Late fees under Section 234E"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cagmc.com\/blog\/late-fees-under-section-234e\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cagmc.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Late fees interest under Section 234E"}]},{"@type":"WebSite","@id":"https:\/\/www.cagmc.com\/blog\/#website","url":"https:\/\/www.cagmc.com\/blog\/","name":"Goyal Mangal &amp; Company","description":"Best CA Firm in Jaipur","publisher":{"@id":"https:\/\/www.cagmc.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cagmc.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.cagmc.com\/blog\/#organization","name":"Goyal Mangal & Company","url":"https:\/\/www.cagmc.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cagmc.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.cagmc.com\/wp-content\/uploads\/2020\/01\/logo4.png","contentUrl":"https:\/\/www.cagmc.com\/wp-content\/uploads\/2020\/01\/logo4.png","width":673,"height":145,"caption":"Goyal Mangal & Company"},"image":{"@id":"https:\/\/www.cagmc.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/goyalmangal"]},{"@type":"Person","@id":"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/1d6e4e2d6f85c186f643e8088c28a7a6","name":"CA Vimal Kumar Sharma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.cagmc.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83874a84043933ead2ba326161859a4a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83874a84043933ead2ba326161859a4a?s=96&d=mm&r=g","caption":"CA Vimal Kumar Sharma"},"description":"CA Vimal Kumar Sharma has expertise is in the field of Accounting, Budgeting, Management Reporting, Statutory Reporting, Regulatory Compliance, Working Capital Management, Taxation, Statutory and Tax Audit and posses experience of almost 5 years.","url":"https:\/\/www.cagmc.com\/blog\/author\/vimalkumar\/"}]}},"_links":{"self":[{"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/posts\/40183"}],"collection":[{"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/comments?post=40183"}],"version-history":[{"count":7,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/posts\/40183\/revisions"}],"predecessor-version":[{"id":51271,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/posts\/40183\/revisions\/51271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/media\/40187"}],"wp:attachment":[{"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/media?parent=40183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/categories?post=40183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cagmc.com\/blog\/wp-json\/wp\/v2\/tags?post=40183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}