2012 (4) TMI 71

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....SEPH, SC, FOR INCOME TAX   JUDGMENT   Challenge in the writ petition is against Ext.P2 order.   2. The petitioner is an assessee under the Income Tax Act. He filed returns for the assessment orders 1993-1994, 1994- 1995 and 1995-1996. The assessments were completed in 2000. They were also levied interest under Section 220(2) of the Income Tax Act, which amounted to Rs.7.40 ....

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....een granted.   4. I have considered the rival submissions made by both sides. It is evident from Ext.P2 order that the first respondent has exercised his power under section 220(2A) of the Act. This therefore, means that he was satisfied that grounds for waiver were made out by the petitioner. However, the order does not contain any reason why the first respondent has limited the waiver on....