Section 234B, 234C of Income Tax Act, 1961—Interest u/s 234B, 234C— In the instant case, when the petitioner had made an application seeking for a waiver of interest under Section 234B and 234C of the Income Tax Act, the same came to be rejected, through the impugned order.

Held that— there could be a due consideration in favour of the petitioner for the purpose of waiving the interest. It is also brought to the notice of this Court that the petitioner is a senior citizen and as such, it would be appropriate to remand the matter back to the respondent and stipulate a time limit for concluding the proceedings afresh.[SMT. PARIMALA THAMBUSAMY VERSUS THE CHIEF COMMISSIONER OF INCOME TAX-V, THE ASSISTANT COMMISSIONER OF INCOME TAX] [2019] 16 ITCD Online (29) [MADRAS HIGH COURT]