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![Madras HC Upholds Interest Payment Despite Wrong PAN Details in SEBIs Penalty Order; Plea to Align SEBI Act Provision with S. 220 of Income Tax Act Dismissed [Read Order] Madras HC Upholds Interest Payment Despite Wrong PAN Details in SEBIs Penalty Order; Plea to Align SEBI Act Provision with S. 220 of Income Tax Act Dismissed [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Madras-HC-Interest-Payment-Despite-PAN-Details-Penalty-Order-Plea-to-Align-SEBI-Act-Income-Tax-Act-TAXSCAN.jpg)
Madras HC Upholds Interest Payment Despite Wrong PAN Details in SEBI's Penalty Order; Plea to Align SEBI Act Provision with S. 220 of Income Tax Act Dismissed [Read Order]
In a recent ruling, a solitary judge of the Madras High Court, while upholding the requirement to pay interest on a penalty imposed by the Securities...