https://www.taxtmi.com/caselaws?id=37562 The Commissioner's refusal to waive or reduce interest and penalty under section 273A of the Income-tax Act was based on relevant statutory considerations, including the assessee's conduct, preference to other creditors, available assets, and lack of cooperation in tax recovery. The High Court held that where discretion is exercised on proper materials, the writ court will not reweigh those factors or substitute its own view. No certiorari interference was therefore warranted because the order did not disclose any infirmity in the exercise of discretion. en-us Thu, 15 Feb 1979 00:00:00 +0530 Tue, 30 Mar 2010 15:40:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37562 The Commissioner's refusal to waive or reduce interest and penalty under section 273A of the Income-tax Act was based on relevant statutory considerations, including the assessee's conduct, preference to other creditors, available assets, and lack of cooperation in tax recovery. The High Court held that where discretion is exercised on proper materials, the writ court will not reweigh those factors or substitute its own view. No certiorari interference was therefore warranted because the order did not disclose any infirmity in the exercise of discretion. Case-Laws Income Tax Thu, 15 Feb 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37562