https://www.taxtmi.com/caselaws?id=211270 The court quashed the Commissioner's flawed rejection of the petitioner's application for waiver of interest and penalty under section 273A of the Income Tax Act, emphasizing the need for considering relevant factors. The application was restored for a fresh decision within three months, stressing timely resolution due to prolonged pendency. The court ruled in favor of the petitioner, highlighting the importance of correctly and promptly applying the law in such cases. en-us Fri, 25 Mar 2011 00:00:00 +0530 Wed, 19 Dec 2012 13:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211270 The court quashed the Commissioner's flawed rejection of the petitioner's application for waiver of interest and penalty under section 273A of the Income Tax Act, emphasizing the need for considering relevant factors. The application was restored for a fresh decision within three months, stressing timely resolution due to prolonged pendency. The court ruled in favor of the petitioner, highlighting the importance of correctly and promptly applying the law in such cases. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211270