https://www.taxtmi.com/caselaws?id=16468 Rule 40(5) of the Income-tax Rules empowers the income-tax authority to reduce or waive interest under sections 215 and 217 in appropriate cases, and the extent of waiver depends on the facts and circumstances of each case. The Kerala High Court held that where the Deputy Commissioner and Commissioner had examined the matter, recorded reasons, and granted partial relief after finding that the assessee could not have fully anticipated the additions, there was no non-application of mind or jurisdictional infirmity. On that basis, interference under Article 226 was not warranted and the challenge to the 50 per cent waiver failed. en-us Wed, 13 Jan 1999 00:00:00 +0530 Tue, 08 Sep 2009 10:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16468 Rule 40(5) of the Income-tax Rules empowers the income-tax authority to reduce or waive interest under sections 215 and 217 in appropriate cases, and the extent of waiver depends on the facts and circumstances of each case. The Kerala High Court held that where the Deputy Commissioner and Commissioner had examined the matter, recorded reasons, and granted partial relief after finding that the assessee could not have fully anticipated the additions, there was no non-application of mind or jurisdictional infirmity. On that basis, interference under Article 226 was not warranted and the challenge to the 50 per cent waiver failed. Case-Laws Income Tax Wed, 13 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16468