https://www.legaleraonline.com/news/itat-disallowance-under-section-14a-of-income-tax-not-applicable-where-no-exempt-income-is-receivedreceivable-during-relevant-previous-year-852887
ITAT: Disallowance under Section 14A of Income Tax Not Applicable Where No Exempt Income is Received/Receivable During Relevant Previous Year