https://www.taxtmi.com/caselaws?id=220436 The Court upheld the revenue authority's decision rejecting the waiver of interest on late payment of advance tax. The petitioner's reasons for delayed payment did not align with the exemption categories specified in the circular, leading to the denial of the waiver. The Court emphasized the need for strict interpretation in fiscal matters and dismissed the writ petition, vacating any interim order without costs. en-us Mon, 05 Nov 2012 00:00:00 +0530 Tue, 22 Jan 2013 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220436 The Court upheld the revenue authority's decision rejecting the waiver of interest on late payment of advance tax. The petitioner's reasons for delayed payment did not align with the exemption categories specified in the circular, leading to the denial of the waiver. The Court emphasized the need for strict interpretation in fiscal matters and dismissed the writ petition, vacating any interim order without costs. Case-Laws Income Tax Mon, 05 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220436