Supreme Court clarifies Settlement Commission’s power on interest waiver: Kakadia Builders vs. Income Tax Officer (2019)

/ Abhay Manohar Sapre, Dinesh Maheshwari, Income Tax Act, 1961, Income Tax Act, 1961 with Section 234A, Income Tax Act, 1961 with Section 245D, Judges, Settlement Commission

Supreme Court clarifies Settlement Commission’s power on interest waiver: Kakadia Builders vs. Income Tax Officer (2019) LEGAL ISSUE: Whether the Settlement Commission has the power to waive or reduce interest payable under Sections 234A, 234B, and 234C of the Income Tax Act, 1961. CASE TYPE: Income Tax Law Case Name: Kakadia Builders Pvt. Ltd. & […]

Supreme Court clarifies Settlement Commission’s power on interest waiver: Kakadia Builders vs. Income Tax Officer (2019) Read Post »