https://www.taxtmi.com/caselaws?id=25729 Under section 273A of the Income-tax Act, an application for waiver or reduction of penalty is not to be rejected merely because interest has not already been paid; the relevant question is whether arrangements for payment have been made. If that condition is met, the request should be examined on merits rather than at the threshold. Where the application does not show such arrangements, deposit of the interest amount may be directed so the statutory requirement is satisfied. The Commissioner was therefore not justified in refusing consideration solely for non-payment of interest. en-us Tue, 30 Sep 1986 00:00:00 +0530 Sat, 30 Jan 2010 14:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25729 Under section 273A of the Income-tax Act, an application for waiver or reduction of penalty is not to be rejected merely because interest has not already been paid; the relevant question is whether arrangements for payment have been made. If that condition is met, the request should be examined on merits rather than at the threshold. Where the application does not show such arrangements, deposit of the interest amount may be directed so the statutory requirement is satisfied. The Commissioner was therefore not justified in refusing consideration solely for non-payment of interest. Case-Laws Income Tax Tue, 30 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25729