https://www.taxtmi.com/caselaws?id=775183 Where an assessee accepted the tax demand raised under the assessment order and expressed readiness to pay, the rejection of waiver of interest and penalty under Section 128A was found unsustainable. The court treated the deposit requirement as capable of compliance within a fixed time and held that the application should not be refused solely because the tax had not yet been paid, especially when the liability had already been reflected in the assessment summary. On the same factual basis, the rejection of the rectification petition under Section 161 was also unsustainable. The assessee was given time to deposit the tax, after which the waiver request was to be reconsidered afresh on merits. en-us Wed, 16 Jul 2025 00:00:00 +0530 Mon, 21 Jul 2025 08:43:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775183 Where an assessee accepted the tax demand raised under the assessment order and expressed readiness to pay, the rejection of waiver of interest and penalty under Section 128A was found unsustainable. The court treated the deposit requirement as capable of compliance within a fixed time and held that the application should not be refused solely because the tax had not yet been paid, especially when the liability had already been reflected in the assessment summary. On the same factual basis, the rejection of the rectification petition under Section 161 was also unsustainable. The assessee was given time to deposit the tax, after which the waiver request was to be reconsidered afresh on merits. Case-Laws GST Wed, 16 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775183