Court upholds waiver of interest for widow under Income Tax Act, grants installment plan.

The High Court of Kerala upheld the Chief Commissioner of Income Tax's decision to waive 50% of the interest due under Section 220(2) of the Income Tax Act. The appellant, a widow facing financial constraints, was granted 12 equal monthly installments to clear the arrears, with the first installment due by March 10, 2012.

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The High Court of Kerala upheld the Chief Commissioner of Income Tax's decision to waive 50% of the interest due under Section 220(2) of the Income Tax Act. The appellant, a widow facing financial constraints, was granted 12 equal monthly installments to clear the arrears, with the first installment due by March 10, 2012.

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