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Income Tax | ITAT Mumbai Allows Penny-Stock Loss, Quashes Section 69C Commission & Upholds Interest Deduction

1 Sept 2026 · 1 Sept 2026By CA Vijayakumar Shetty

Mumbai ITAT deletes penny-stock loss, Section 69C commission and Rs.2.04 crore interest disallowance for AY 2015-16. The post ITAT Mumbai Allows Penny-Stock Loss, Quashes Section 69C Commission & Upholds Interest Deduction appeared first on TaxGuru .

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Income Tax | ITAT Mumbai Allows Penny-Stock Loss, Quashes Section 69C Commission & Upholds Interest Deduction

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