https://www.taxtmi.com/caselaws?id=331899 The court upheld the Commissioner's decision to grant a partial waiver of interest under the Income Tax Act, emphasizing that the waiver or reduction of interest should be based on valid reasons and not automatic. The court found that the Commissioner properly exercised discretion in considering genuine hardship and other relevant circumstances in granting the partial waiver, leading to the dismissal of the writ petition seeking a complete waiver of interest. en-us Thu, 11 Aug 2016 00:00:00 +0530 Mon, 05 Sep 2016 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331899 The court upheld the Commissioner's decision to grant a partial waiver of interest under the Income Tax Act, emphasizing that the waiver or reduction of interest should be based on valid reasons and not automatic. The court found that the Commissioner properly exercised discretion in considering genuine hardship and other relevant circumstances in granting the partial waiver, leading to the dismissal of the writ petition seeking a complete waiver of interest. Case-Laws Income Tax Thu, 11 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331899