https://www.taxtmi.com/caselaws?id=294698 The Supreme Court reinstated fresh assessment orders and demands by the Income Tax Department against a Trust after the High Court initially quashed them. The Trust sought a waiver of interest under Section 234-D, citing a notification by the Central Board of Direct Taxes, which was rejected by the first respondent. The High Court allowed the Trust's writ petition, setting aside the rejection and directing a fresh review for the waiver of interest, emphasizing the Trust's reliance on the High Court's decision and the need for proper consideration of the notification. en-us Mon, 12 Mar 2007 00:00:00 +0530 Thu, 10 Feb 2022 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294698 The Supreme Court reinstated fresh assessment orders and demands by the Income Tax Department against a Trust after the High Court initially quashed them. The Trust sought a waiver of interest under Section 234-D, citing a notification by the Central Board of Direct Taxes, which was rejected by the first respondent. The High Court allowed the Trust's writ petition, setting aside the rejection and directing a fresh review for the waiver of interest, emphasizing the Trust's reliance on the High Court's decision and the need for proper consideration of the notification. Case-Laws Income Tax Mon, 12 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294698