https://www.taxtmi.com/caselaws?id=21984 The Settlement Commission lacked any general power under Chapter XIXA to waive or reduce interest under sections 234A, 234B and 234C for assessment year 1989-90 onwards. Its powers under section 245F are confined to the case before it, and section 245F(7) only permits regulation of its own procedure subject to the Chapter. Board instructions under section 119(2)(a) may be given effect only where the applicant falls within a covered class, but the Commission cannot exercise that power as its own administrative discretion. en-us Fri, 07 Feb 1992 00:00:00 +0530 Sat, 05 Dec 2009 12:39:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21984 The Settlement Commission lacked any general power under Chapter XIXA to waive or reduce interest under sections 234A, 234B and 234C for assessment year 1989-90 onwards. Its powers under section 245F are confined to the case before it, and section 245F(7) only permits regulation of its own procedure subject to the Chapter. Board instructions under section 119(2)(a) may be given effect only where the applicant falls within a covered class, but the Commission cannot exercise that power as its own administrative discretion. Case-Laws Income Tax Fri, 07 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21984