INCOME TAX ACT, 1961

--Interest under section 234A and 234B--Waiver of interest Conditions precedent--Petitioner alleged that waiver of interest levied under section 234A and 234B was partially allowed. Held: Interest under section 234A and 234B could not be waived as conditions specified in Notification F. No. 400/29/2002-IT(B), dt. 26-6-2006 were not satisfied by petitioner.

Income Tax Act, 1961 Section 234A

Income Tax Act, 1961 Section 234B

INCOME TAX ACT, 1961

--Recovery--Interest under section 220(2) Waiver of interest--Assessee filed application under section 220(2A) for waiver of interest levied under section 220(2). Held: Application was rejected as petitioner did not satisfy the conditions specified in section 220(2A) for granting waiver of interest.

Income Tax Act, 1961 Section 220(2)

In the Kerala High Court

Antony Dominic, J.

K. C. Mohanan v. Chief CIT & Ors.

W.P. (C.) Nos. 14634 and 15054 of 2008

1 January, 2013