05 February 2014
Penalty U/s 234E has been challenged in the Kerala High Court. See the following link to know more. We will wait for the proceedings by the court of law. https://www.caclubindia.com/experts/regarding-tds-penalty-u-s-234e-1586854.asp#.UtviXRC6bIU. Payment of Penalty u/s 234E is your own decision. You may consult with your TDS ITO.