https://www.taxtmi.com/caselaws?id=5447 Section 273A discretion under the Income-tax Act had to be considered on merits where the challenge concerned refusal to waive interest and penalty on a voluntary disclosure through a revised return. The Supreme Court held that the Commissioner's refusal could not be left unexamined on the relevant facts and circumstances, and the High Court should not have declined interference in extraordinary jurisdiction without such consideration. The High Court order was set aside and the matter remitted for fresh decision in accordance with law. en-us Fri, 03 Dec 1993 00:00:00 +0530 Fri, 31 Aug 2018 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5447 Section 273A discretion under the Income-tax Act had to be considered on merits where the challenge concerned refusal to waive interest and penalty on a voluntary disclosure through a revised return. The Supreme Court held that the Commissioner's refusal could not be left unexamined on the relevant facts and circumstances, and the High Court should not have declined interference in extraordinary jurisdiction without such consideration. The High Court order was set aside and the matter remitted for fresh decision in accordance with law. Case-Laws Income Tax Fri, 03 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5447