https://www.taxtmi.com/caselaws?id=434130 The court found in favor of the petitioner, ruling that they met the conditions for a full waiver of interest under Section 220(2A) of the Income Tax Act. The court modified the orders, granting a full waiver of interest but directed the petitioner to repay interest refunds received under Section 244A within four weeks. The court acknowledged the petitioner's genuine hardship, errors beyond their control, and the compensatory nature of interest, ultimately partially allowing the writ petitions and closing the connected miscellaneous petitions. en-us Thu, 09 Feb 2023 00:00:00 +0530 Mon, 14 Aug 2023 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434130 The court found in favor of the petitioner, ruling that they met the conditions for a full waiver of interest under Section 220(2A) of the Income Tax Act. The court modified the orders, granting a full waiver of interest but directed the petitioner to repay interest refunds received under Section 244A within four weeks. The court acknowledged the petitioner's genuine hardship, errors beyond their control, and the compensatory nature of interest, ultimately partially allowing the writ petitions and closing the connected miscellaneous petitions. Case-Laws Income Tax Thu, 09 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434130