https://www.taxtmi.com/caselaws?id=18488 Waiver of interest under section 220(2A) of the Income-tax Act is available only when the statutory conditions of genuine hardship, circumstances beyond the assessee's control, and cooperation in the proceedings are satisfied. A stay of recovery merely suspends enforcement of collection and does not, by itself, justify waiver of interest. The power to reduce or waive interest remains confined to the express requirements of the provision, so refusal of waiver is sustainable where those conditions are not met. en-us Mon, 01 Jan 1996 00:00:00 +0530 Thu, 01 Oct 2009 12:42:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18488 Waiver of interest under section 220(2A) of the Income-tax Act is available only when the statutory conditions of genuine hardship, circumstances beyond the assessee's control, and cooperation in the proceedings are satisfied. A stay of recovery merely suspends enforcement of collection and does not, by itself, justify waiver of interest. The power to reduce or waive interest remains confined to the express requirements of the provision, so refusal of waiver is sustainable where those conditions are not met. Case-Laws Income Tax Mon, 01 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18488