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2013 (7) TMI 115 - HC - Income TaxWaiver of Interest u/s 234A and 234B - Delay in filing return - Held that:- Delay in filing the return was on account of the seized materials not being returned to the assessee and if the said materials were very much available for filing return under Section 153A of the Act. Then it is open to the assessee to approach the Revenue Authorities for waiver of interest. Even after making out a case for waiver and the waiver is not granted by the Authorities, then it could be said that the assessee is aggrieved and then he can approach this Court. As rightly pointed out by the Tribunal that no material is brought on record to show that the absence of seized materials or the fact that there was a delay on the part of the Revenue in giving the seized material was the reason for the delay in filing the return of income, the assessee cannot be granted any relief as prayed for - Decided in favour of revenue.
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