https://www.taxtmi.com/highlights?id=4778 Disallowance of penalty for violation of the bye-laws of the Stock exchange - payment made for violation of their regulation are not on account of an offence or which is prohibited by law and the invocation of explanation to Sec. 37 of the I.T. Act 1961 is not justified - AT en-us Sat, 11 Aug 2012 10:51:12 +0530 Sat, 11 Aug 2012 10:51:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=4778 Disallowance of penalty for violation of the bye-laws of the Stock exchange - payment made for violation of their regulation are not on account of an offence or which is prohibited by law and the invocation of explanation to Sec. 37 of the I.T. Act 1961 is not justified - AT Highlights Income Tax Sat, 11 Aug 2012 10:51:12 +0530 https://www.taxtmi.com/highlights?id=4778