https://www.taxtmi.com/caselaws?id=13663 Section 220(2A) interest waiver requires the authority to consider the assessee's financial position, hardship, and relevant surrounding circumstances, and the decision will not be interfered with unless it is shown to be unreasonable or based on irrelevant considerations. On the facts noted, the Commissioner considered the assessee's immovable properties, rental and agricultural income, and prior adjustments against earlier dues before refusing waiver. As the record showed application of the relevant factors and no material indicating arbitrariness or unjustness, the refusal to waive interest was upheld. en-us Thu, 13 Oct 2005 00:00:00 +0530 Wed, 01 Jul 2009 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13663 Section 220(2A) interest waiver requires the authority to consider the assessee's financial position, hardship, and relevant surrounding circumstances, and the decision will not be interfered with unless it is shown to be unreasonable or based on irrelevant considerations. On the facts noted, the Commissioner considered the assessee's immovable properties, rental and agricultural income, and prior adjustments against earlier dues before refusing waiver. As the record showed application of the relevant factors and no material indicating arbitrariness or unjustness, the refusal to waive interest was upheld. Case-Laws Income Tax Thu, 13 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13663