https://www.taxtmi.com/caselaws?id=21750 The court examined the discretionary power of the Commissioner of Income-tax under Section 273A of the Income-tax Act, 1961, emphasizing the need for judicious exercise of this power. It was held that the Commissioner must provide reasons for decisions made under Section 273A to prevent arbitrary use of power. The court referenced precedents supporting the requirement for reasons in quasi-judicial decisions. The impugned order, which waived 50% of the penalty and interest without reasons, was deemed invalid. The court quashed the order and directed the Commissioner to reconsider the matter with proper reasons. en-us Wed, 29 Nov 1989 00:00:00 +0530 Fri, 27 Nov 2009 14:14:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21750 The court examined the discretionary power of the Commissioner of Income-tax under Section 273A of the Income-tax Act, 1961, emphasizing the need for judicious exercise of this power. It was held that the Commissioner must provide reasons for decisions made under Section 273A to prevent arbitrary use of power. The court referenced precedents supporting the requirement for reasons in quasi-judicial decisions. The impugned order, which waived 50% of the penalty and interest without reasons, was deemed invalid. The court quashed the order and directed the Commissioner to reconsider the matter with proper reasons. Case-Laws Income Tax Wed, 29 Nov 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21750