Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2004 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (1) TMI 47 - HC - Income TaxPetitioners have filed these petitions under article 226 of the Constitution of India challenging the orders passed by the Settlement Commission u/s 154 withdrawing the reduction or waiver of interest granted by the Settlement Commission under sections 234A, 234B and 234C, while passing the orders under section 245D(4) – Held that Settlement Commission has no power to reduce or waive the interest chargeable under sections 234A, 234B and 234C - since it was a mistake apparent from the record, the said mistake was rightly rectified by the Settlement Commission while resorting to the provisions contained in section 154 – Petition dismssed
|