TMI BlogSince the Company had not commenced its business of development of SEZ/Real Estate, the expenditure...Since the Company had not commenced its business of development of SEZ/Real Estate, the expenditure claimed could not have been treated as the expenditure incurred for the purpose of business - Since the expenditure was not allowable expenditure, it amounted to irregular allowances of loss. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|