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1985 (8) TMI 41

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...., whereby his petition under section 273A of the Income-tax Act for waiver of various penalties and interest levied under various sections of the Act for the assessment years 1969-70 to 1978-79 has been rejected primarily on the ground that he had filed the returns for the years 1969-70 to 1977-78 after the issuance of notices under section 148 of the Act and in the light of that it could not be h....

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....ccepted by the assessee as per the settlement order dated March 30, 1978 (annexure P. 2). As per this order, the assessee also agreed that penalties and interest under various sections were leviable and were to be charged from him as per the Provisions of the Act. It was in the light of this that he claimed the waiver of penalties and interest under different heads specified in section 273A. As al....

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.... u/s 148 -------------------------------------------------------------------------------------------------------------------------------------- 1969-70 30-3-1978 31-3-1978 29-2-1980 1970-71 14-4-1978 26-3-1979 29-2-1980 1971-72 14-4-1978 31-10-1979 29-2-1980 1972-73 14-4-1978 31-10-1979 29-2-1980 1973-74 14-4-1978 31-10-1979 29-2-1980 1974-75 14-4-1978 26-3-1979 29-2-1980 1975-76 1....