https://www.taxtmi.com/caselaws?id=11455 The High Court of Karnataka upheld the Chief Commissioner's decision to reject the waiver of interest for income tax returns filed after search proceedings. Emphasizing the importance of voluntary filings, the court ruled that returns filed after detection by the Department during survey proceedings cannot be considered voluntary. The court clarified the criteria for interest waiver consideration, highlighting that returns must be filed voluntarily and before detection by the Department to qualify for waiver. The petitioners were granted liberty to approach the Board for waiver consideration, but no interference with the Chief Commissioner's decision was warranted. en-us Wed, 12 Nov 2003 00:00:00 +0530 Mon, 10 Aug 2009 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11455 The High Court of Karnataka upheld the Chief Commissioner's decision to reject the waiver of interest for income tax returns filed after search proceedings. Emphasizing the importance of voluntary filings, the court ruled that returns filed after detection by the Department during survey proceedings cannot be considered voluntary. The court clarified the criteria for interest waiver consideration, highlighting that returns must be filed voluntarily and before detection by the Department to qualify for waiver. The petitioners were granted liberty to approach the Board for waiver consideration, but no interference with the Chief Commissioner's decision was warranted. Case-Laws Income Tax Wed, 12 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11455