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![Penalty paid to Stock Exchange is a regular Business Expenditure: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Income-Taxscan.jpg "Penalty paid to Stock Exchange is a regular Business Expenditure: ITAT allows Deduction [Read Order]")
Penalty paid to Stock Exchange is a regular Business Expenditure: ITAT allows Deduction [Read Order]
In an assessee-favor ruling, the Indore Bench of Income Tax Appellate Tribunal (ITAT) has held that penalty paid to stock exchange is a regular...
![Re-Assessment based on DVO Report is valid since Original Assessment was completed without waiting for Report due to Statutory Time Limit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Re-Assessment.jpg "Re-Assessment based on DVO Report is valid since Original Assessment was completed without waiting for Report due to Statutory Time Limit: ITAT [Read Order]")
![Gold which have been duly Declared in the Wealth Tax Returns can’t be Seized during Search Operations: ITAT says Search Party can decide whether to follow CBDT Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Wealth-Tax-Taxscan.jpg "Gold which have been duly Declared in the Wealth Tax Returns can’t be Seized during Search Operations: ITAT says Search Party can decide whether to follow CBDT Guidelines [Read Order]")
![No Penalty If Assessee Discloses Transaction of Sale of Agricultural Land in the hands of assessee’s HUF as the Property was Ancestral: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "No Penalty If Assessee Discloses Transaction of Sale of Agricultural Land in the hands of assessee’s HUF as the Property was Ancestral: ITAT [Read Order]")