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Income Tax | Stock Exchange Penalties for Procedural Lapses Allowable as Business Expenditure: ITAT Mumbai

28 Sept 2026 · 28 Sept 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Mumbai allows stock exchange penalties as business expenditure and deletes Section 270A penalty on education cess claim. The post Stock Exchange Penalties for Procedural Lapses Allowable as Business Expenditure: ITAT Mumbai appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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