https://www.taxtmi.com/circulars?id=68353 Order authorizes CCIT/DGIT/PrCCIT under section 119 to reduce or waive interest under section 201(1A)(ii)/206C(7) where TDS/TCS payments were debited from the taxpayer's bank account on or before the due date but not credited due to technical problems beyond taxpayer control; a speaking order after hearing and verification from the bank/Directorate of Systems is required; paid interest may be refunded if waived; applications must be filed within one year from end of the relevant financial year and disposed of within six months; the designated officer's order is final. en-us Fri, 28 Mar 2025 00:00:00 +0530 Sat, 29 Mar 2025 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68353 Order authorizes CCIT/DGIT/PrCCIT under section 119 to reduce or waive interest under section 201(1A)(ii)/206C(7) where TDS/TCS payments were debited from the taxpayer's bank account on or before the due date but not credited due to technical problems beyond taxpayer control; a speaking order after hearing and verification from the bank/Directorate of Systems is required; paid interest may be refunded if waived; applications must be filed within one year from end of the relevant financial year and disposed of within six months; the designated officer's order is final. Circulars Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68353