Waiver application rejected without addressing submissions not justifiable: Bombay HC

Grasim Industries Limited Vs Chief Commissioner of Income Tax (Central) 1 (Bombay High Court) Bombay High Court held that rejection of application for waiver of interest under section 234C without addressing the submissions highlighted by the petitioner. Accordingly, waiver application remitted back for denovo consideration. Facts- This petition is filed under Article 226 of the Constitution of India. Briefly, the petition challenges an order dated 30th March 2024 passed by respondent No.1. By the said order, the application filed by the petitioner dated 9th November 2022 seeking waiver of int...