WP(C)2237/1985

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+

W.P.(C) 2237/1985

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PRAKASH TUBES LTD. ..... Petitioner

Through: Mr. C.S. Aggarwal, Sr.

Adv.

with

Mr.

Prakash

Kumar, Adv.

versus

$

UNION OF INDIA & ORS. ...... Respondent

^

Through: Mr. R.D. Jolly, Sr.

Standing Counsel with

Ms. Rani Kiyala, Adv.

Date of Hearing : April 27, 2009

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Date of Decision : May 01, 2009

CORAM:

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HON'BLE MR. JUSTICE VIKRAMAJIT SEN

HON'BLE MR. JUSTICE RAJIV SHAKDHER

1. Whether reporters of local papers may be

allowed to see the Judgment?

Yes

2. To be referred to the Reporter or not?

Yes

3. Whether the Judgment should be reported

in the Digest?

Yes

VIKRAMAJIT SEN, J.

1. This Petition under Article 226 of the Constitution of

India seeks the issuance of a writ to waive the interest

levied under Section 220 (2) of the Income Tax Act, 1961

(IT Act for short) pertaining to three consecutive years in

respect of which the original Demand had already been

paid. The Petitioner has contended that for the

2009:DHC:1827-DB

WP(C)2237/1985

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Assessment Years 1980-81, 1981-82 and 1982-83, the

Reve