https://www.taxtmi.com/caselaws?id=785191 Liability for interest on tax defaults under specified statutory provisions was debated due to inconsistent administrative circulars creating genuine ambiguity; consequent voluntary filing and payment after clarification attracted a plea for waiver. The reasoning applied that ambiguity in CBDT circulars and prior waivers for earlier years established jurisdictional competence to waive penal interest, and that in case of doubt the benefit must accrue to the assessee, leading to modification of the impugned order to relieve the assessee from penal interest for the specified assessment years which had been denied earlier. en-us Thu, 15 Jan 2026 00:00:00 +0530 Tue, 20 Jan 2026 06:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785191 Liability for interest on tax defaults under specified statutory provisions was debated due to inconsistent administrative circulars creating genuine ambiguity; consequent voluntary filing and payment after clarification attracted a plea for waiver. The reasoning applied that ambiguity in CBDT circulars and prior waivers for earlier years established jurisdictional competence to waive penal interest, and that in case of doubt the benefit must accrue to the assessee, leading to modification of the impugned order to relieve the assessee from penal interest for the specified assessment years which had been denied earlier. Case-Laws Indian Laws Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785191