https://www.taxtmi.com/caselaws?id=27368 Under Section 273A of the Income-tax Act, the Commissioner's discretion to grant waiver or reduce penalty must be exercised by a reasoned, speaking order. Where full waiver is declined, the authority must disclose the considerations applied and explain why a lesser relief was chosen; a silent or non-speaking order frustrates judicial scrutiny. The Bombay HC set aside the impugned order because it did not state the reasons for reducing the penalty instead of granting complete waiver, and remitted the matter for fresh disposal with reasons if full waiver was again denied. en-us Fri, 16 Dec 1983 00:00:00 +0530 Fri, 12 Feb 2010 13:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27368 Under Section 273A of the Income-tax Act, the Commissioner's discretion to grant waiver or reduce penalty must be exercised by a reasoned, speaking order. Where full waiver is declined, the authority must disclose the considerations applied and explain why a lesser relief was chosen; a silent or non-speaking order frustrates judicial scrutiny. The Bombay HC set aside the impugned order because it did not state the reasons for reducing the penalty instead of granting complete waiver, and remitted the matter for fresh disposal with reasons if full waiver was again denied. Case-Laws Income Tax Fri, 16 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27368