ORDER :

The petitioner has filed this Writ Petition challenged the impugned order 29.10.2010 passed by the first respondent under Section 119(2)(a) read with Section 234A, 234B and 234C of the Income Tax Act, 1961. The impugned has been passed by the first respondent for the Assessement Years 1999-2000 to 2005-2006, whereby, the request of the petitioner for waiver of interest has been rejected.

2. It is submitted that the petitioner was in the business of sale of antibiotics, chemicals and prawn feeds in the aquaculture and fisheries industries. The case of the petitioner is that predominantly the business in aquaculture suffered heavily on account of closure of fisheries and hatches due to the decision of the Hon'ble Suprme Court and that the business itself was very volatile and therefore the petitioner had with difficulty paid some amount as advance tax for these Assessment Years.

3. The petitioner however could not pay a entire tax in time and that by the time the department visited the petitioner's premises on 14.12.2004 and caused survey under Section 133A of the Income Tax Act, 1961, the business was in shambles. Thereafter, the petitioner was issued with a notice under Sectio