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2012 (7) TMI 159 - KERALA HIGH COURTWaiver of interest u/s 229(2A) - petitioner was the erstwhile partner of a firm which was dissolved in the year 1993 - Held that:- All the three ingredients of Section 220(2A) are fully satisfied as the firm was managed by the erstwhile managing partner and the petitioner was under the impression that at the time of dissolution of the firm, all taxes payable were duly paid. The petitioner could not also trace out any documents after 17 years in respect of the assessment as well, thus payment of such amount would cause genuine hardship to the assessee insofar as the petitioner has to suffer the burden of the tax by himself - the very same circumstance prove that the default in payment was due to the circumstances beyond the control of the assessee and the petitioner had co-operated with the enquiry relating to the assessment as well - waiver of interest is warranted.
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