JUDGMENT :

(Prayer: Writ Petition filed under Article 226 of the Constitution of India, praying for issuance of Writ of Certiorarified Mandamus, calling for the records relating to the proceedings of the first respondent in C.No.2747B/PCIT/C-2(4)/2017-18 dated 31.05.2018, quash the same and consequently, direct the first respondent to waive the interest for the assessment years 2007-2008 and 2008-2009.)

The lis on hand is instituted questioning the legal sustainability of the rejection order passed by the first respondent with reference to the applications submitted by the writ petitioner claiming waiver of interest under Section 220(2A) of the Income Tax Act, 1961.

2. The petitioner has stated that he is a professional Cine Actor and regularly filing return of income with the respondents. The petitioner follows the cash system of accounting as he received payments including advances by cash also. In the course of his profession, the petitioner received advances by cash with reference to priority in dates before finalization of the story or name or co-artists. Such advances will b