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Income Tax - Highlights / Catch Notes

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Waiver of interest u/s 220(2A) - The first respondent under the ...

Income Tax

February 17, 2023

Waiver of interest u/s 220(2A) - The first respondent under the impugned order has granted partial waiver of interest to the petitioner at 20% without giving any reason as to how they arrived at that rate - This Writ Petition is partly allowed by modifying the impugned order by granting full waiver of interest to the petitioner u/s 220 (2A) - HC

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