https://www.taxtmi.com/caselaws?id=14517 Interest on belated tax payment under the Voluntary Disclosure of Income and Wealth Act, 1976 was treated as mandatory, and that statute did not itself provide for waiver. Section 220(2A) of the Income-tax Act, 1961 permits reduction or waiver only within its own framework and only when the assessee proves genuine hardship, circumstances beyond control, and cooperation in the relevant proceedings. The Commissioner's finding that no acceptable material established those conditions was not shown to be unreasonable, so refusal of waiver would not justify interference in writ jurisdiction. en-us Fri, 10 Nov 2000 00:00:00 +0530 Thu, 16 Jul 2009 13:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14517 Interest on belated tax payment under the Voluntary Disclosure of Income and Wealth Act, 1976 was treated as mandatory, and that statute did not itself provide for waiver. Section 220(2A) of the Income-tax Act, 1961 permits reduction or waiver only within its own framework and only when the assessee proves genuine hardship, circumstances beyond control, and cooperation in the relevant proceedings. The Commissioner's finding that no acceptable material established those conditions was not shown to be unreasonable, so refusal of waiver would not justify interference in writ jurisdiction. Case-Laws Income Tax Fri, 10 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14517