1988 (3) TMI 40 - HC - Income Tax

Summary

The appellant, an income-tax assessee, challenged the levy of interest under sections 139(8) and 215 of the Income-tax Act. The Commissioner of Income-tax rejected the appellant's application to waive the interest. The court upheld the Commissioner's decision, stating that the appellant failed to pay the tax on the disclosed income before the notice was issued. The writ appeal was dismissed.