Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Interest waiver under return filing delays allowed in specified cases, subject to approval where the amount exceeds threshold. Reduction or waiver of interest payable under section 139 may be granted by the Assessing Officer for assessments relating to an assessment year commencing on or before 1 April 1988, in specified cases including returns filed by an agent of a non-resident, a deceased individual's legal representative, a return furnished under section 148, and other cases of sufficient cause for delay. Previous approval of the Deputy Commissioner is required where the amount reduced or waived under the notice-based case or the sufficient-cause case exceeds one thousand rupees.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest waiver under return filing delays allowed in specified cases, subject to approval where the amount exceeds threshold.
Reduction or waiver of interest payable under section 139 may be granted by the Assessing Officer for assessments relating to an assessment year commencing on or before 1 April 1988, in specified cases including returns filed by an agent of a non-resident, a deceased individual's legal representative, a return furnished under section 148, and other cases of sufficient cause for delay. Previous approval of the Deputy Commissioner is required where the amount reduced or waived under the notice-based case or the sufficient-cause case exceeds one thousand rupees.
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