(1.) HEARD learned counsel for the parties and perused the record.
(2.) THIS writ petition had initially been filed praying for a writ of mandamus directing the respondent, IT Department to refund Rs. 27,423 with interest.
(3.) DURING the pendency of the writ petition, an additional affidavit was filed by the petitioner. In para 2 of the same it is which is Annex. P -1 to the writ petition. According to the said order, interest of Rs. 9,598 was worked out @ 15 per cent retention of the cash. The finding given in the order under s. 132(5) of the Act was repeated in the regular assessments writ petition.