https://www.taxtmi.com/caselaws?id=388339 The High Court set aside the rejection of the petitioner's waiver application for interest payment under Section 220(2A) of the Income Tax Act, 1961. The court emphasized the Assessing Officer's duty to thoroughly assess the petitioner's eligibility for the waiver and provide a reasoned decision. The matter was remitted back to the Assessing Officer for a fresh decision within six weeks, stressing the importance of a comprehensive review based on statutory provisions. en-us Tue, 22 Oct 2019 00:00:00 +0530 Tue, 12 Nov 2019 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388339 The High Court set aside the rejection of the petitioner's waiver application for interest payment under Section 220(2A) of the Income Tax Act, 1961. The court emphasized the Assessing Officer's duty to thoroughly assess the petitioner's eligibility for the waiver and provide a reasoned decision. The matter was remitted back to the Assessing Officer for a fresh decision within six weeks, stressing the importance of a comprehensive review based on statutory provisions. Case-Laws Income Tax Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388339