Supreme Court clarifies conditions for waiving interest under Section 220(2A) of the Income Tax Act: B.M. Malani vs. Commr. of Income Tax (2008)

/ Cyriac Joseph, Income Tax Act, 1961, Income Tax Act, 1961 with Section 132, Income Tax Act, 1961 with Section 220(2A), Judges, S.B. Sinha

Introduction Date of the Judgment: October 01, 2008 Citation: [Not Available in Source] Judges: S.B. Sinha, J., Cyriac Joseph, J. When can the Income Tax Department waive interest on delayed tax payments? The Supreme Court of India addressed this question in the case of B.M. Malani vs. Commissioner of Income Tax, focusing on the interpretation […]

Supreme Court clarifies conditions for waiving interest under Section 220(2A) of the Income Tax Act: B.M. Malani vs. Commr. of Income Tax (2008) Read Post »