https://www.taxtmi.com/caselaws?id=212957 The court partially allowed the writ petition, granting a 40% waiver of interest for specific installments due for Assessment Years 1999-2000 and 2000-2001. The court quashed the Chief Commissioner's order and directed the Assessing Officer to recalculate any payable demand. The judgment discussed the waiver of interest under Section 234C, interpretation of circulars, seized assets for tax payments, and entitlement to interest waivers for the mentioned assessment years, providing detailed reasoning and directives for further proceedings. en-us Mon, 26 Mar 2012 00:00:00 +0530 Wed, 02 May 2012 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212957 The court partially allowed the writ petition, granting a 40% waiver of interest for specific installments due for Assessment Years 1999-2000 and 2000-2001. The court quashed the Chief Commissioner's order and directed the Assessing Officer to recalculate any payable demand. The judgment discussed the waiver of interest under Section 234C, interpretation of circulars, seized assets for tax payments, and entitlement to interest waivers for the mentioned assessment years, providing detailed reasoning and directives for further proceedings. Case-Laws Income Tax Mon, 26 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212957