https://www.taxtmi.com/caselaws?id=38098 The court affirmed the Tribunal's decision in favor of the revenue, stating that no appeal lies against the order levying penal interest under Sections 139, 215, or 217 if challenging the quantum or seeking waiver. An appeal is maintainable only if the assessee denies liability to pay penal interest at all. The court answered the question in favor of the revenue due to the admission by the assessee's counsel that the levy of penal interest was justified, allowing the assessee to seek reduction or waiver through appropriate authorities. en-us Wed, 07 Sep 1977 00:00:00 +0530 Sat, 03 Apr 2010 11:53:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38098 The court affirmed the Tribunal's decision in favor of the revenue, stating that no appeal lies against the order levying penal interest under Sections 139, 215, or 217 if challenging the quantum or seeking waiver. An appeal is maintainable only if the assessee denies liability to pay penal interest at all. The court answered the question in favor of the revenue due to the admission by the assessee's counsel that the levy of penal interest was justified, allowing the assessee to seek reduction or waiver through appropriate authorities. Case-Laws Income Tax Wed, 07 Sep 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38098