Commissioner authority expanded to grant relief for interest where payment causes genuine hardship or was beyond assessee control. The amendment transfers decision-making authority from the Board to the Commissioner, expands relief to interest "paid or payable" with retrospective ... Summary
Commissioner authority expanded to grant relief for interest where payment causes genuine hardship or was beyond assessee control.
The amendment transfers decision-making authority from the Board to the Commissioner, expands relief to interest "paid or payable" with retrospective effect, replaces the recommendation requirement with the Commissioner's direct satisfaction, and restates the relief grounds as genuine hardship or circumstances beyond the assessee's control.
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