The Central Government notifies that no deduction shall be allowed for any expenditure incurred in settling proceedings initiated in connection with any contravention or default.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... -4-2025 Income Tax
Income Tax
Miscellaneous
IT
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 38/2025 New Delhi, the 23rd April, 2025 (IN .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ness or profession and no deduction or allowance shall be made in respect of such expenditure, namely:- (a) the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) the Securities Co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X