https://www.taxtmi.com/caselaws?id=346872 The proviso to Section 16-A(5) of the Tamil Nadu Agricultural Income Tax Act, 1955 allows the Commissioner to reduce or waive penalty for belated payment where sufficient cause for delay is shown. The text states that the assessee had already paid the tax and penalty, and the further demand arose from an apparent departmental mistake. On those facts, the discretion to grant relief should have been exercised, particularly because the levy had been satisfied and grounds for waiver existed. The additional penalty and interest were therefore liable to be waived. en-us Wed, 05 Jul 2017 00:00:00 +0530 Thu, 24 Aug 2017 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346872 The proviso to Section 16-A(5) of the Tamil Nadu Agricultural Income Tax Act, 1955 allows the Commissioner to reduce or waive penalty for belated payment where sufficient cause for delay is shown. The text states that the assessee had already paid the tax and penalty, and the further demand arose from an apparent departmental mistake. On those facts, the discretion to grant relief should have been exercised, particularly because the levy had been satisfied and grounds for waiver existed. The additional penalty and interest were therefore liable to be waived. Case-Laws Income Tax Wed, 05 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346872