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of <h1>CCI Can Recover Penalties as Tax Using Income-tax Act Sections for Defaulting Enterprises and Individuals</h1> The Competition Commission of India (CCI) can recover penalties imposed under the Competition Act, 2002, by referring the matter to the relevant income-tax authority under the Income-tax Act, 1961. If an enterprise or individual fails to pay the penalty within the stipulated time, they are considered in default. The CCI can then treat the penalty as tax due, utilizing sections of the Income-tax Act for recovery. The Tax Recovery Officer is tasked with recovering the penalty and informing the CCI of the recovery status, treating the defaulter as an assessee in default under the Income-tax Act.
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