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    <title>Clarification regarding CBDT&#039;s Circular No. 5/2025 dated 28.03.2025 for waiver on levy of interest under section 201(1A)(ii)/ 206C(7) of the Income-tax Act, 1961, as the case may be, in specific cases</title>
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    <description>The prescribed authority is empowered to grant waiver orders only after the Circular&#039;s issue date; applications must be filed within one year from the end of the financial year in which the interest is charged, and waiver requests may relate to interest charged before the Circular&#039;s issuance so long as the one year filing period measured from the end of the relevant financial year has not elapsed.</description>
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      <title>Clarification regarding CBDT&#039;s Circular No. 5/2025 dated 28.03.2025 for waiver on levy of interest under section 201(1A)(ii)/ 206C(7) of the Income-tax Act, 1961, as the case may be, in specific cases</title>
      <link>https://www.taxtmi.com/circulars?id=68684</link>
      <description>The prescribed authority is empowered to grant waiver orders only after the Circular&#039;s issue date; applications must be filed within one year from the end of the financial year in which the interest is charged, and waiver requests may relate to interest charged before the Circular&#039;s issuance so long as the one year filing period measured from the end of the relevant financial year has not elapsed.</description>
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