https://www.taxtmi.com/caselaws?id=268385 The tribunal partly allowed the assessee's appeal, overturning the disallowance of interest payment through equity shares and expenses under section 35D while upholding the disallowance of prior period expenses. The tribunal rejected the grounds related to charging of interest and initiation of penalty at the current stage. en-us Fri, 24 Jul 2015 00:00:00 +0530 Wed, 25 Nov 2015 10:53:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268385 The tribunal partly allowed the assessee's appeal, overturning the disallowance of interest payment through equity shares and expenses under section 35D while upholding the disallowance of prior period expenses. The tribunal rejected the grounds related to charging of interest and initiation of penalty at the current stage. Case-Laws Income Tax Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268385