https://www.taxtmi.com/caselaws?id=59032 The Tribunal found no justification for levying the penalty under section 221 on the assessee due to their financial difficulties and the disputed nature of the tax demand. Emphasizing that the purpose of the section is to coerce obstructive assessees to pay normal tax, the Tribunal concluded that the penalty was unjustified and canceled. Directions were given for the refund of the penalty amount, and the appeal was allowed in favor of the assessee. en-us Fri, 18 Nov 1983 00:00:00 +0530 Thu, 23 Dec 2010 16:28:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59032 The Tribunal found no justification for levying the penalty under section 221 on the assessee due to their financial difficulties and the disputed nature of the tax demand. Emphasizing that the purpose of the section is to coerce obstructive assessees to pay normal tax, the Tribunal concluded that the penalty was unjustified and canceled. Directions were given for the refund of the penalty amount, and the appeal was allowed in favor of the assessee. Case-Laws Income Tax Fri, 18 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59032