https://www.taxtmi.com/caselaws?id=77710 The court quashed the rejection of the petitioner's waiver application for interest under sections 139(8) and 217 of the Income-tax Act for the years 1983-84 to 1985-86. It was found that the Department failed to prove proper notice service before the petitioner's voluntary disclosure of income, rendering the rejection solely based on non-payment of interest incorrect. The court emphasized the discretionary nature of section 273A and the importance of judicious exercise of discretion by public authorities. The respondents were directed to reconsider the application, providing a full hearing and complying with the law. en-us Fri, 22 Aug 2008 00:00:00 +0530 Tue, 05 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77710 The court quashed the rejection of the petitioner's waiver application for interest under sections 139(8) and 217 of the Income-tax Act for the years 1983-84 to 1985-86. It was found that the Department failed to prove proper notice service before the petitioner's voluntary disclosure of income, rendering the rejection solely based on non-payment of interest incorrect. The court emphasized the discretionary nature of section 273A and the importance of judicious exercise of discretion by public authorities. The respondents were directed to reconsider the application, providing a full hearing and complying with the law. Case-Laws Income Tax Fri, 22 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77710