Penal interest can be waived if source of income of the Assessee been attached

HIGH COURT OF KERALA Anto Nitto versus Commissioner of Income-tax, Cochin ANTONY DOMINIC, J. WP (C) No. 14310 of 2009 JANUARY  3, 2013 JUDGMENT 1. Heard the learned counsel for the petitioner and the learned counsel for the respondents. 2. Petitioner challenges Ext.P3, an order passed by the 1st respondent on an application made by the petitioner for waiver of interest as provided under Section 220(2A) of the Income Tax Act, 1961. It is seen that by Ext.P2 application made by the petitioner for waiver, he requested the respondents to waive the interest liability of Rs. 8,54,...