Mahindra & Mahindra Hit with ₹40,000 Penalty for ITC Discrepancies, Plans to Appeal July 23, 2024, 8:19 a.m. Mahindra & Mahindra Ltd. received a penalty order from the Deputy Commissioner of State Tax, Pune.The penalty of Rs. 40,000 was imposed due to minor discrepancies in Input Tax Credit… Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More