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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Waiver of interest u/s 220(2A) - three conditions namely, ...


Waiver of Interest Denied u/s 220(2A): Assessee Failed to Prove Genuine Hardship and Other Conditions.

April 20, 2019

Case Laws     Income Tax     HC

Waiver of interest u/s 220(2A) - three conditions namely, genuine hardship, circumstances beyond the control and co-operation in any enquiry relating to assessment or recovery have not been fulfilled by assessee - keeping in view the conduct of the petitioner, Commissioner has exercised its discretion judiciously - Waiver denied

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