https://www.taxtmi.com/caselaws?id=11147 The court dismissed the petitioner's challenge against the rejection of its application for waiver of interest under section 234C of the Income-tax Act. It held that section 119(2)(a) does not compel the CBDT to address individual grievances and that the power under this clause is for efficient revenue management, not individual relief. The court emphasized that paying a larger sum in a later instalment voluntarily does not exempt the petitioner from interest payment for an earlier shortfall. The writ petition was dismissed, and costs were not awarded. en-us Thu, 17 Sep 1998 00:00:00 +0530 Fri, 31 Jul 2009 19:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11147 The court dismissed the petitioner's challenge against the rejection of its application for waiver of interest under section 234C of the Income-tax Act. It held that section 119(2)(a) does not compel the CBDT to address individual grievances and that the power under this clause is for efficient revenue management, not individual relief. The court emphasized that paying a larger sum in a later instalment voluntarily does not exempt the petitioner from interest payment for an earlier shortfall. The writ petition was dismissed, and costs were not awarded. Case-Laws Income Tax Thu, 17 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11147