Waiver of interest under section 234B and 234C in search cases where adjustment out of cash lying in the P.D. Account is delayed for no fault of the assessee

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....BOARD OF DIRECT TAXES New Delhi, the 8th September,2008 To ALL DGsIT (Inv)/DGIT (InteIligence)/CCsIT (Central) Sub : Waiver of interest under section 234B and 234C in search cases where adjustment out of cash lying in the P.D. Account is delayed for no fault of the assessee - reg. Sir/Madam, I am directed to refer to Para 12 of the Minutes of the Annual Conference of DGsIT ....