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![Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099555-tax-liability-taxscan.webp "Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]")
Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the penalty levied under Section 221(1) of the Income Tax Act, 1961, for the...
![Revenue Failed to lodge Claim under IBC before RP Notice Demanding Income Tax not valid: Delhi HC Rules in favour of Tata Steel Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Revenue-lodge-Claim-IBC-RP-Notice-Demanding-Income-Tax-Delhi-HC-Tata-Steel-Ltd-taxscan-1.jpg "Revenue Failed to lodge Claim under IBC before RP Notice Demanding Income Tax not valid: Delhi HC Rules in favour of Tata Steel Ltd [Read Order]")
![ITAT Confirms Penalty for Non-payment of Self-Assessment Tax though same was paid subsequently by Filing Revised Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/Penalty-TaxScan.jpg "ITAT Confirms Penalty for Non-payment of Self-Assessment Tax though same was paid subsequently by Filing Revised Return [Read Order]")