https://www.taxtmi.com/caselaws?id=10670 The court found in favor of the petitioner, concluding that the Deputy Commissioner's order denying waiver/reduction of interest under Income-tax Rules was not justified. The delay in assessment was attributed to the Department, not the petitioner, meeting the criteria for interest waiver. The court held that the availability of revisional remedies did not bar its jurisdiction under article 226 of the Constitution, justifying the writ petition's consideration. The Deputy Commissioner was directed to rehear the waiver application within eight weeks, providing a fair hearing and issuing a speaking order, with costs not awarded. en-us Thu, 05 Aug 2004 00:00:00 +0530 Tue, 14 Jun 2011 04:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10670 The court found in favor of the petitioner, concluding that the Deputy Commissioner's order denying waiver/reduction of interest under Income-tax Rules was not justified. The delay in assessment was attributed to the Department, not the petitioner, meeting the criteria for interest waiver. The court held that the availability of revisional remedies did not bar its jurisdiction under article 226 of the Constitution, justifying the writ petition's consideration. The Deputy Commissioner was directed to rehear the waiver application within eight weeks, providing a fair hearing and issuing a speaking order, with costs not awarded. Case-Laws Income Tax Thu, 05 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10670