Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2008 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (8) TMI 525 - HC - Income TaxPenalty- Interest- The assessee received rental income from property and voluntarily filed the returns of income for the assessment years. The assessee filed a petition for the waiver of penalty u/s 273A and interest. Revenue reject the claim. Held that- since the assessee had complied with all other elements as required merely because the interest was not paid thus the rejection of application solely for failure to pay interest was not correct.
|