https://www.taxtmi.com/caselaws?id=391449 The court set aside the impugned orders rejecting waiver of interest under Section 234B of the Income Tax Act, remitting the cases for fresh examination by the Chief Commissioner of Income Tax. It directed reconsideration based on the presence of Tribunal or High Court judgments supporting the petitioner's position, emphasizing the significance of court decisions in determining tax liabilities and the need for a liberal interpretation of the circular for suitable cases. en-us Mon, 16 Dec 2019 00:00:00 +0530 Tue, 28 Jan 2020 17:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391449 The court set aside the impugned orders rejecting waiver of interest under Section 234B of the Income Tax Act, remitting the cases for fresh examination by the Chief Commissioner of Income Tax. It directed reconsideration based on the presence of Tribunal or High Court judgments supporting the petitioner's position, emphasizing the significance of court decisions in determining tax liabilities and the need for a liberal interpretation of the circular for suitable cases. Case-Laws Income Tax Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391449