interest was levied as under :
Asst. Years
Interest Charged
u/s 234A
u/s 234B
u/s 234C
Total ... ends of justice demanded waiver of interest and 50 per cent waiver is granted for interest under section 234A of the Act, there
Chief CIT/Director General of IT to waive interest charged under Section 234A , Section 234B or Section 234C of the Act and the classes ... granting of waiver of interest in respect of Section 234C and partial consideration of the waiver of interest in respect of Sections 234A and 234B
interest was levied as under :
Asst. yrs.
Interest Charged (Rs.)
u/s. 234A
u/s. 234B
U/s. 234C
Total ... ends of justice demanded waiver of interest and 50 per cent waiver is granted for interest under Section 234A of the Act, there
petition u/s. 119(20)(b) / 119(2)(c) of
the Act, before the Chairman, CBDT, for waiver of interest u/s.
234A , 234B ... upheld
interest levied u/s. 234A , 234B and 234C of the Act. The
assessee is not disputing levy of interest u/s. 234A , 234B
petition u/s. 119(20)(b) / 119(2)(c) of
the Act, before the Chairman, CBDT, for waiver of interest u/s.
234A , 234B ... upheld
interest levied u/s. 234A , 234B and 234C of the Act. The
assessee is not disputing levy of interest u/s. 234A , 234B
provisions of Section 119(2)(a) of
the Income Tax Act, 1961, regarding the waiver of interest under
Sections 234A , 234B and 234C by which ... interest. Paragraph 2 of the direction contains classes of income or
classes of cases in which reduction or waiver of interest under Section
234A , 234B
rightly passed the order under Section 154 of the Act withdrawing the reduction or waiver of interest under Section 234A , 234B and 234C granted ... view that order passed under Section 245D(4) of the Act granting reduction or waiver of interest under Section 234A , 234B & 234C
with the reasons given by the A.R. for waiver of interest charged u/s 234A, 234B, 234C of the Act in this case ... constrained to hold that the assessee's petitions seeking waiver of interest charged u/s 234A , 234B and 234C
Income-tax may reduce or waive interest charged under section 234A or section 234B or section 234C of the Act in the classes of cases ... waiver of interest.
2. The class of incomes or class of cases in which the reduction or waiver of interest under section 234A or section
single Judge
holding that respondent-assessee who was granted waiver of interest
under Section 234A of the I.T. Act by the Chief Commissioner ... deals with the same subject, that is circumstances
for waiver of interest under Section 234A . However, for waiver of
interest payable under Sections 234B
