2012 (3) TMI 441

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..... 133A of the Income Tax Act of the premises of the petitioner on 30.08.2006 and certain note books were seized during the course of survey. It was found that the petitioner was carrying on money lending business. The petitioner agreed to offer additional income and consequently in pursuance of the notice under section 148 of the act, the petitioner filed returns of income for the AY. 2000-01 to 200 .....

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..... there is a direction issued by this court in the earlier writ petition that the board is required to consider the request of the petitioner for waiver of the interest. I am of the view that as on the date of the order was passed, the board was seized of the matter. But however , pursuant to section 119 (2) (a) of the act powers of the waiver of the interest have been delegated to concerned CCITs .....

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