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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Waiver of interest u/s 220(2A) - as per section 220(2A), the ...


Revenue Department Directed to Reduce Interest Under Income Tax Act Section 220(2A) Authority.

December 3, 2014

Case Laws     Income Tax     HC

Waiver of interest u/s 220(2A) - as per section 220(2A), the authorities are empowered to reduce or waive the interest amount - thus, the revenue is directed to reduce the amount of interest - HC

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