https://www.taxtmi.com/caselaws?id=271525 The Tribunal admitted the appeals after condoning a 6-day delay. Disallowances under Section 14A were remitted for reexamination or adjusted to 2% of dividend income. Payment to Registrar of Companies was treated as capital expenditure. Retention money payable was allowed on an accrual basis. Trade license fee payments were allowed as revenue expenditure. Additional depreciation on plant and machinery was allowed. Expenditure on AutoCAD software was treated as revenue expenditure. Expenditure on professional services and share capital raising was treated as capital expenditure. en-us Wed, 06 Jan 2016 00:00:00 +0530 Thu, 04 Feb 2016 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271525 The Tribunal admitted the appeals after condoning a 6-day delay. Disallowances under Section 14A were remitted for reexamination or adjusted to 2% of dividend income. Payment to Registrar of Companies was treated as capital expenditure. Retention money payable was allowed on an accrual basis. Trade license fee payments were allowed as revenue expenditure. Additional depreciation on plant and machinery was allowed. Expenditure on AutoCAD software was treated as revenue expenditure. Expenditure on professional services and share capital raising was treated as capital expenditure. Case-Laws Income Tax Wed, 06 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271525