https://www.taxtmi.com/caselaws?id=202337 The court dismissed the writ petition challenging the order seeking waiver of interest under section 220(2A) of the Income-tax Act, 1961 for the assessment year 1988-89. The court upheld the decision of the Commissioner, finding that despite the petitioner's cooperation in assessment proceedings, the payment of the amount would not cause genuine hardship based on the petitioner's income and agricultural earnings. The court emphasized that liabilities are not determinative of the capacity to pay and concluded that all conditions for waiver under section 220(2A) must be satisfied, leading to the rejection of the petition seeking waiver of interest. en-us Tue, 02 Jun 2009 00:00:00 +0530 Wed, 26 Dec 2012 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202337 The court dismissed the writ petition challenging the order seeking waiver of interest under section 220(2A) of the Income-tax Act, 1961 for the assessment year 1988-89. The court upheld the decision of the Commissioner, finding that despite the petitioner's cooperation in assessment proceedings, the payment of the amount would not cause genuine hardship based on the petitioner's income and agricultural earnings. The court emphasized that liabilities are not determinative of the capacity to pay and concluded that all conditions for waiver under section 220(2A) must be satisfied, leading to the rejection of the petition seeking waiver of interest. Case-Laws Income Tax Tue, 02 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202337