Business expenditure u/s 37 - Disallowance of fines, penalties ...

Business Expenditure Disallowance u/s 37 for KYC Fines and Margin Shortfall Overturned; Expenses Allowed.

November 4, 2015

Case Laws Income Tax AT

Business expenditure u/s 37 - Disallowance of fines, penalties etc., levied for non maintenance of KYC forms, short collection of margin money - disallowance is contrary to law and the same is directed to be deleted. - AT

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Business expenditure u/s 37 - Disallowance of fines, penalties ...

Business Expenditure Disallowance u/s 37 for KYC Fines and Margin Shortfall Overturned; Expenses Allowed.

November 4, 2015

Case Laws Income Tax AT

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