Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2006 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (2) TMI 132 - HC - Income TaxWaiver of interest under sections 234A, 234B and 234C - High Court, after hearing the parties, having recorded categorical findings to the effect "as the petitioner has fulfilled the condition mentioned in clause (e) of the Board's instructions, dated May 23, 1996, the petitioner has made out a case of reduction/waiver of the interest...." it was not open to the aforesaid officer to sit in appeal over the judgment and order passed by this court - It is made clear that the authority/officer, who may be called upon to decide the petition for requesting waiver of interest, shall not be competent to decide the issue as to whether clause 2(e) is applicable since this question is no more res integra having been decided by this court and that the said authority shall decide the quantum while considering the question of waiver. - petition of the assessee praying for waiver of interest shall now be decided by a competent authority/officer
|