SC remanded matter to SetCom to reconsider decision of waiving of sec. 234A/B/C interest

IT : Where Settlement Commission passed an order under section 245D(4) making certain additions and waiving interest chargeable under sections 234A, 234B and 234C, matter was remanded back to Settlement Commission for deciding issue relating to waiver of interest payable under sections 234A, 234B, and 234C afresh keeping in view scope and extent of powers of Settlement Commission in relation to waiver of interest as laid down in two decisions of Supreme Court

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