TMI BlogDisallowance of expenses as business not set up - the assessee has applied for grant of Direct Broker...Disallowance of expenses as business not set up - the assessee has applied for grant of Direct Broker Licence to the Insurance Regulatory and Development Authority on 01.12.2010 which was granted to the assessee only in February, 2012 - Additions confirmed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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