April 17, 2026
Submitted By: Shristi Rajput
Circular No. 15/2024 : Order under section 119(1) of the IT Act, 1961 fixing the monetary limits of the Income-tax authorities in respect of reduction or waiver of interest paid or payable under section 220 (2) of the IT Act
Circular No. 15/2024 (Central Board of Direct Taxes): sets monetary limits for Income-tax authorities to reduce or waive interest under Section 220(2), issued under Section 119(1) of the Income-tax Act, 1961.
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