High Court dismisses writ petition; conditions for interest waiver u/s 220(2A) of Income Tax Act must be jointly met.

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....Waiver of Interest - From the cumulative reading of the contents of the applications it is revealed that the applications were filed at the drop of the hat just to avail the remedy as provided under the Act, whereas the conditions enumerated therein are mutually to be complied with and not exclusive u/s 220(2A) of Act, 1967. - The writ petition is dismissed. - HC....