https://www.taxtmi.com/caselaws?id=16116 The court allowed the appellant's application for waiver of interest under the Income-tax Act, 1961, for the assessment year 1987-88. The appellant fulfilled the conditions specified in section 273A(1)(iii)(c) by voluntarily filing revised returns before notices were issued, paying self-assessed tax, and settling the balance amount demanded by the assessing authority within the prescribed time. As a result, the court set aside previous orders and declared the appellant entitled to the interest waiver under sections 139 and 217 of the Act, emphasizing the importance of statutory compliance and timely payments for interest relief. en-us Mon, 16 Nov 1998 00:00:00 +0530 Tue, 01 Sep 2009 12:12:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16116 The court allowed the appellant's application for waiver of interest under the Income-tax Act, 1961, for the assessment year 1987-88. The appellant fulfilled the conditions specified in section 273A(1)(iii)(c) by voluntarily filing revised returns before notices were issued, paying self-assessed tax, and settling the balance amount demanded by the assessing authority within the prescribed time. As a result, the court set aside previous orders and declared the appellant entitled to the interest waiver under sections 139 and 217 of the Act, emphasizing the importance of statutory compliance and timely payments for interest relief. Case-Laws Income Tax Mon, 16 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16116