https://www.taxtmi.com/caselaws?id=328786 The Tribunal dismissed all four appeals filed by the appellant on April 28, 2016. The disallowance of professional and consultancy fees for equity expansion was upheld as capital expenditure. The disallowance under section 14A r.w.r 8D was upheld due to exempt dividend income. The exclusion of interest income under "income from other sources" was affirmed, and depreciation on a rented building was disallowed. The Tribunal's decision favored the Revenue in all aspects, denying the appellant's claims. en-us Thu, 28 Apr 2016 00:00:00 +0530 Tue, 14 Jun 2016 12:57:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328786 The Tribunal dismissed all four appeals filed by the appellant on April 28, 2016. The disallowance of professional and consultancy fees for equity expansion was upheld as capital expenditure. The disallowance under section 14A r.w.r 8D was upheld due to exempt dividend income. The exclusion of interest income under "income from other sources" was affirmed, and depreciation on a rented building was disallowed. The Tribunal's decision favored the Revenue in all aspects, denying the appellant's claims. Case-Laws Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328786