Rejection of interest waiver application justified if tax payment was delayed by 14 yrs without genuine hardship

IT : Where assessee-firm consciously delayed payment of tax by fourteen years even though its partners had sufficient funds and it did not co-operate in assessment proceedings, its application for waiver of interest under section 220(2A) was rightly rejected

from www.taxmann.com Latest Case Laws https://ift.tt/2LEN2Vn