Waiver of interest for delayed tax returns due to form shortages; income tax officers to grant extensions liberally. Where shortage or delayed supply of printed return forms prevents a taxpayer from filing income-tax or net-wealth returns by the due date, the assessing officer should grant a liberal extension of time to that taxpayer, and waive interest otherwise leviable for the period of such extension by exercising powers under the tax rules; general extension for all taxpayers is not authorised.
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.
Waiver of interest for delayed tax returns due to form shortages; income tax officers to grant extensions liberally.
Where shortage or delayed supply of printed return forms prevents a taxpayer from filing income-tax or net-wealth returns by the due date, the assessing officer should grant a liberal extension of time to that taxpayer, and waive interest otherwise leviable for the period of such extension by exercising powers under the tax rules; general extension for all taxpayers is not authorised.
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