Old age & illiteracy are important factors: HC waives Section 234A Interest

Old age & illiteracy are important factors: HC waives Section 234A Interest Baso Devi and others Vs Central Board of Direct Taxes and others (Punjab and Haryana High Court) In a significant judgment, the Punjab and Haryana High Court revisited the case of Baso Devi and others versus the Central Board of Direct Taxes regarding the waiver of interest under Section 234A of the Income Tax Act, 1961. The petitioners, legal heirs of late Megh Raj, initiated litigation seeking a waiver of interest assessed under Sections 234A, 234B, and 234C for non-submission of income tax returns from 1991 to 2...