Kerala H.C : The interest levied under s. 139 of the Act can be waived or reduced by the ITO himself under r. 117A of the IT Rules, 1962, and the interest levied under s. 215 of the Act can also be waived or reduced under r. 40 of the IT Rules.
High Court Of Kerala Kesaria Tea Co. Ltd. vs. Income Tax Officer & Anr. Sections 139(8), 215, Rule 40, Rule […]
