Set Off u/s 37 - date of Commencement of business - a business ...
Business Begins with First Stock Purchase, Not First Sale, per Income Tax Act Section 37.
July 15, 2013
Case Laws Income Tax HC
Set Off u/s 37 - date of Commencement of business - a business will commence with the first purchase of stock-in-trade and the date on which the first sale is made is immaterial - HC
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