https://www.taxtmi.com/caselaws?id=392285 The court concluded that the petitioner was not entitled to a waiver of interest under Section 234B of the Income Tax Act. The court held that the petitioner failed to meet the conditions for waiver under the CBDT notification as they had accepted revised assessments and wrongly claimed losses, resulting in a failure to pay advance tax. The writ petitions were dismissed, and the order rejecting the waiver application was upheld. en-us Fri, 31 Jan 2020 00:00:00 +0530 Mon, 17 Feb 2020 09:07:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392285 The court concluded that the petitioner was not entitled to a waiver of interest under Section 234B of the Income Tax Act. The court held that the petitioner failed to meet the conditions for waiver under the CBDT notification as they had accepted revised assessments and wrongly claimed losses, resulting in a failure to pay advance tax. The writ petitions were dismissed, and the order rejecting the waiver application was upheld. Case-Laws Income Tax Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392285