https://www.taxtmi.com/caselaws?id=333175 The Tribunal dismissed the appeal regarding the disallowance of expenses under Section 35D for increasing authorized share capital, affirming the disallowance of Rs. 1,04,000 as capital expenditures not meeting Section 35D conditions. However, the Tribunal allowed the appeal concerning disallowance under Section 14A, reversing the decision as the assessee did not earn any exempt income during the relevant year, leading to the disallowance under Section 14A not being applicable. en-us Fri, 19 Aug 2016 00:00:00 +0530 Fri, 30 Sep 2016 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333175 The Tribunal dismissed the appeal regarding the disallowance of expenses under Section 35D for increasing authorized share capital, affirming the disallowance of Rs. 1,04,000 as capital expenditures not meeting Section 35D conditions. However, the Tribunal allowed the appeal concerning disallowance under Section 14A, reversing the decision as the assessee did not earn any exempt income during the relevant year, leading to the disallowance under Section 14A not being applicable. Case-Laws Income Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333175