https://www.taxtmi.com/caselaws?id=37304 The High Court upheld the penalty imposed on the assessee for defaulting in the payment of advance tax demanded under section 210 of the Income-tax Act, 1961. The court affirmed that penalty under section 221(1) can be levied in such cases, rejecting the argument that default in advance tax payment is distinct from default in tax payment. Various High Court judgments supported this interpretation, and the court ruled in favor of the Commissioner, directing the assessee to pay the costs of the reference. en-us Tue, 06 Mar 1979 00:00:00 +0530 Mon, 29 Mar 2010 10:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37304 The High Court upheld the penalty imposed on the assessee for defaulting in the payment of advance tax demanded under section 210 of the Income-tax Act, 1961. The court affirmed that penalty under section 221(1) can be levied in such cases, rejecting the argument that default in advance tax payment is distinct from default in tax payment. Various High Court judgments supported this interpretation, and the court ruled in favor of the Commissioner, directing the assessee to pay the costs of the reference. Case-Laws Income Tax Tue, 06 Mar 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37304