https://www.taxtmi.com/caselaws?id=253625 The High Court of Gujarat upheld the Revenue's orders denying waiver of interest under the Income Tax Act, 1962 for the assesses in various assessment years. The Court ruled that the Chief Commissioner lacked statutory authority to waive interest under Sections 234A, 234B, and 234C, except as per Circulars issued under Section 119 of the Act. The petitions challenging the orders were dismissed for lacking merit, with no costs awarded. en-us Mon, 17 Nov 2014 00:00:00 +0530 Sat, 29 Nov 2014 11:04:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253625 The High Court of Gujarat upheld the Revenue's orders denying waiver of interest under the Income Tax Act, 1962 for the assesses in various assessment years. The Court ruled that the Chief Commissioner lacked statutory authority to waive interest under Sections 234A, 234B, and 234C, except as per Circulars issued under Section 119 of the Act. The petitions challenging the orders were dismissed for lacking merit, with no costs awarded. Case-Laws Income Tax Mon, 17 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253625