Settlement charges paid to SEBI - penalty paid for infraction of law - payment was neither in the nature...

Settlement charges paid to SEBI - penalty paid for infraction of law - payment was neither in the nature of protection money, nor extortion, nor hafta nor bribe nor a payment for a purpose namely, settlement, which can be said to be “an offence” or which can be said to be “prohibited by law” - allowable expenditure u/s 37(1) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X