INCOME TAX OFFICER Vs. HANDA R P

JUDGEMENT

(1.) THIS and the connected four appeals, i.e., Appeals Nos. 1018, 1015, 1016 and 1022 all of 1992 arise out of the judgment of the learned single judge dated April 24, 1992, in Writ Petitions Nos. 10468, 12796, 12797, 12802 and 13399 of 1990 (see [1992] 198 ITR 54).

(2.) THE facts involved in all these writ petitions being similar, the learned single judge decided the same by a common judgment. THE learned single judge also treated Writ Petition No. 10468 of 1990 as the leading case.

(3.) SECTION 273A of the Act, as already stated above, gives power to the income-tax authorities to reduce or waive penalty, etc., in certain cases. At the relevant time, namely, in the year 1984-85, it read as follows :