Waiver of Interest - From the cumulative reading of the contents ...

Case Laws Income Tax

March 4, 2021

Waiver of Interest - From the cumulative reading of the contents of the applications it is revealed that the applications were filed at the drop of the hat just to avail the remedy as provided under the Act, whereas the conditions enumerated therein are mutually to be complied with and not exclusive u/s 220(2A) of Act, 1967. - The writ petition is dismissed. - HC

View Source

← Previous Next →

Waiver of Interest - From the cumulative reading of the contents ...

Case Laws Income Tax

March 4, 2021

You may also like:

The key points covered in the legal document are: 1. It introduces new forms (GST SPL-01 to GST SPL-08) for taxpayers to apply for waiver of interest and penalty u/s...

Maintainability of application - initiation of CIRP - Period of limitation after default - the Adjudicating Authority relied on the balance sheet to hold that there was...

Enhanced Compensation – Interest on enhanced compensation - Waiver of Interest - assessee was entitled for waiver of interest till the date of receipt of enhanced...

Allowability of Interest expenses @21.3% - unsecured redeemable cumulative non-convertible debentures - AO has compared the rate of interest paid on unsecured redeemable...

Article – waiver of penalty – rejection of application without reason – not justified

Waiver of interest u/s 220(2A) - Levy of interest is mandatory - Merely raising the dispute before any authority cannot be a ground not to levy the interest and/or...

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...

Waiver of interest for specified electronic commerce operators for specified tax periods - Notification

Waiver of interest u/s 36(vii) – he waiver of interest at the instance of the State Government, has to be allowed as business expenditure u/s 37(1) - no addition - AT

Reduction or waiver of interest charged under section 234A/234B/234C - Scope and Power

Application for waiver of interest u/s 234C - interest waived to the extent of 40%. - HC

Requirement of pre-deposit - The appellant has not made the pre-deposit and has filed an application seeking waiver because of financial constraints and for the reason...

Waiver of interest u/s 234C - Paragraph 2(b) of the notification cannot be read restrictively, to mean that waiver of interest u/s 234 'C' is available only to cases of...

Provisional attachment - jurisdiction to pass the provisional attachment order - A cumulative reading of the provisions of Section 83(1) read with Section 122(1-A) of...

Interest on refund - Rate of interest - The rate of interest is statutorily prescribed under section 27 (A) read with Notification issued there under according to which...

Quick Updates: