https://www.taxtmi.com/caselaws?id=60777 The Tribunal allowed ITC's appeal (ITA No 103/Cal/2001) and dismissed the Revenue's appeals (ITA Nos 237 and 238/Cal/2001). The Tribunal upheld the cancellation of the penalty under Section 221(1) and ruled that the levy of interest under Section 201(1A) was unsustainable in law. en-us Fri, 29 Nov 2002 00:00:00 +0530 Wed, 01 Aug 2012 00:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60777 The Tribunal allowed ITC's appeal (ITA No 103/Cal/2001) and dismissed the Revenue's appeals (ITA Nos 237 and 238/Cal/2001). The Tribunal upheld the cancellation of the penalty under Section 221(1) and ruled that the levy of interest under Section 201(1A) was unsustainable in law. Case-Laws Income Tax Fri, 29 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60777