9911796707
TMI Blog2012 (10) TMI 800X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 in filing the returns ,this issue is remitted back to the Chief Commissioner of Income Tax, Kochi for re-consideration after giving an opportunity of hearing to the petitioner. In order to avoid delay, the petitioner shall appear before the Chief Commissioner on a day fixed by him after receipt of notice from the Chief Commissioner and the Chief Commissioner shall dispose of the case of the peti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it or order or direction. ii) declare that the respondents are not entitled to initiate any steps to recover interest u/ss 234A, 234B and 234C of the Income Tax Act 1961 as notified in Ext.P1. iii) issue a writ of mandamus or any other appropriate writ or order or direction, commanding the respondents not to initiate any steps to recover interest charged u/ss 234A, 234B, 234C as notified in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r directors during the period from 25-07-1994 to 01-08-1994. At the time of search, latest income tax return filed by petitioner was for the assessment year 1993-94. This return was filed on 05-05-1995 declaring the income at Rs.1,59,320/-. Preparation of accounts and audit of accounts was, therefore, got delayed. Therefore, there was a delay of 18 months in respect of assessment year 1994-95 and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issioner for rejection of the applications of the petitioner even though he has granted partial waiver of the interest levied under Section 234 A. He has not considered the case of the petitioner for waiver of interest under Sections 234 B and 234 C and no valid reason has been assigned by the Chief Commissioner. Therefore, without expressing any opinion on the merits of the case, I set aside the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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