84 results for “reassessment”+ Section 220(2)clear
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In the result, all the appeals under consideration are treated as allowed for statistical purposes in above terms
Bench: Shri R.K. Panda & Shri Laliet Kumar
2) of the Income Tax Act, 1961. Explaining the grounds for non-payment of amount, within time, the petitioner filed a petition under Section 220(2A) of the Act, seeking waiver of interest and by the impugned order dated 16.2.2015, the ist respondent Principal Commissioner of Income Tax, rejected the petition. Hence the writ petition. 3· The impugned order reads