https://www.taxtmi.com/caselaws?id=217905 The court upheld the rejection of the petitioners' claim for waiver of interest under Sections 234A, 234B, and 234C of the Income Tax Act. The petitioners, owners of Poultry farms, had filed returns after being surveyed under Section 133A for not maintaining proper accounts. Despite their applications for waiver being denied by the Chief Commissioner, the court found that their case did not meet the specific circumstances outlined in the Board's notification for interest waiver. As a result, the writ petitions were dismissed, affirming the legality of denying the waiver of interest. en-us Wed, 17 Oct 2012 00:00:00 +0530 Mon, 29 Oct 2012 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217905 The court upheld the rejection of the petitioners' claim for waiver of interest under Sections 234A, 234B, and 234C of the Income Tax Act. The petitioners, owners of Poultry farms, had filed returns after being surveyed under Section 133A for not maintaining proper accounts. Despite their applications for waiver being denied by the Chief Commissioner, the court found that their case did not meet the specific circumstances outlined in the Board's notification for interest waiver. As a result, the writ petitions were dismissed, affirming the legality of denying the waiver of interest. Case-Laws Income Tax Wed, 17 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217905