29 Jun 2009
CIVIL AND MARINE DIESEL LIMITED V THE COMMISSIONER OF INLAND REVENUE HC AK CIV 2009-404-000968
- Citation
- openlaw-da0f38bb_4920_4140_8552_5bf01b1581e8.pdf
- Court
- High Court
The court concluded that late filing penalties are likely payable and could sustain the statutory demand, but the imposition of interest on reversed default assessments may be unreasonable and falls within the Commissioner's discretionary power to waive; the matter was therefore adjourned to allow the parties to seek resolution and potential waiver of interest before a final determination.