https://www.taxtmi.com/caselaws?id=78795 The court allowed the petitioner's appeal against the assessment order, reducing the income assessed to Rs. 13,72,836. The court emphasized that the waiver of interest application under section 220(2A) should be considered based on the conditions outlined in the section, rather than the petitioner's absence during proceedings. The court quashed the dismissal of the waiver application and directed the petitioner to appear before the CIT-A for reconsideration in line with the law, highlighting the importance of assessing compliance with the specified conditions for granting interest waivers under the Income Tax Act, 1961. en-us Thu, 28 Oct 2010 00:00:00 +0530 Sat, 18 Dec 2010 00:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78795 The court allowed the petitioner's appeal against the assessment order, reducing the income assessed to Rs. 13,72,836. The court emphasized that the waiver of interest application under section 220(2A) should be considered based on the conditions outlined in the section, rather than the petitioner's absence during proceedings. The court quashed the dismissal of the waiver application and directed the petitioner to appear before the CIT-A for reconsideration in line with the law, highlighting the importance of assessing compliance with the specified conditions for granting interest waivers under the Income Tax Act, 1961. Case-Laws Income Tax Thu, 28 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78795