https://www.taxtmi.com/caselaws?id=25193 Interest levied under sections 139(8) and 215 of the Income-tax Act is capable of waiver or reduction by the Income-tax Officer under rules 117A and 40 of the Income-tax Rules. A revisional challenge to such levy cannot be examined on merits unless the assessee first applies to the proper Income-tax Officer for waiver or reduction, in line with the Supreme Court principle requiring prior resort to the statutory remedy. The assessee remains entitled to seek such relief, and the applications must then be decided on merits after hearing the assessee, without being influenced by the Commissioner's order. en-us Thu, 28 Aug 1986 00:00:00 +0530 Wed, 27 Jan 2010 11:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25193 Interest levied under sections 139(8) and 215 of the Income-tax Act is capable of waiver or reduction by the Income-tax Officer under rules 117A and 40 of the Income-tax Rules. A revisional challenge to such levy cannot be examined on merits unless the assessee first applies to the proper Income-tax Officer for waiver or reduction, in line with the Supreme Court principle requiring prior resort to the statutory remedy. The assessee remains entitled to seek such relief, and the applications must then be decided on merits after hearing the assessee, without being influenced by the Commissioner's order. Case-Laws Income Tax Thu, 28 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25193