https://www.taxtmi.com/circulars?id=10572 Designated wealth-tax authorities may reduce or waive interest under Section 17B if the assessee has filed the return for the relevant year and paid the entire assessed tax except the interest sought to be reduced or waived. Relief is permissible where delay or nonpayment results from seizure of books or cash during proceedings under Section 132, or where a return is voluntarily filed without detection; authorities may impose additional conditions and may grant relief for assessment years from 1989-90 onwards. en-us Wed, 10 Apr 2002 00:00:00 +0530 Wed, 15 Jun 2011 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10572 Designated wealth-tax authorities may reduce or waive interest under Section 17B if the assessee has filed the return for the relevant year and paid the entire assessed tax except the interest sought to be reduced or waived. Relief is permissible where delay or nonpayment results from seizure of books or cash during proceedings under Section 132, or where a return is voluntarily filed without detection; authorities may impose additional conditions and may grant relief for assessment years from 1989-90 onwards. Circulars Income Tax Wed, 10 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10572