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Mumbai ITAT Deletes Section 270A Penalty on Section 11(6) Depreciation Disallowance

17 Aug 2026 · 17 Aug 2026By CA Sandeep Kanoi

Mumbai ITAT deleted ₹9.36 lakh penalty under Section 270A as returned and assessed income remained Nil after depreciation disallowance. The post Mumbai ITAT Deletes Section 270A Penalty on Section 11(6) Depreciation Disallowance appeared first on TaxGuru .

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