https://www.taxtmi.com/caselaws?id=78556 The High Court quashed the order rejecting the waiver of penalty under section 273A of the Income-tax Act, 1961. The Court found the Commissioner's decision lacked proper consideration of relevant facts and judicial discretion. Emphasizing the need for a fresh assessment, the Court remanded the matter for reevaluation, directing the Commissioner to review the application in accordance with the law and assess the voluntary and good faith disclosure by the petitioner. en-us Tue, 17 Mar 2009 00:00:00 +0530 Sat, 29 Dec 2012 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78556 The High Court quashed the order rejecting the waiver of penalty under section 273A of the Income-tax Act, 1961. The Court found the Commissioner's decision lacked proper consideration of relevant facts and judicial discretion. Emphasizing the need for a fresh assessment, the Court remanded the matter for reevaluation, directing the Commissioner to review the application in accordance with the law and assess the voluntary and good faith disclosure by the petitioner. Case-Laws Income Tax Tue, 17 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78556