Disallowance of revenue expenditure - Non commencement of ...

Business Setup Doesn't Depend Solely on Revenue Flow; Disallowance of Expenses for Non-Commencement Challenged.

September 13, 2013

Case Laws Income Tax AT

Disallowance of revenue expenditure - Non commencement of business - When that happened, the revenue is taking a stand that there should be flow of revenue on supply of water and only then it can be said that the business of the Assessee has been set up. - stand of revenue cannot be accepted - AT

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Disallowance of revenue expenditure - Non commencement of ...

Business Setup Doesn't Depend Solely on Revenue Flow; Disallowance of Expenses for Non-Commencement Challenged.

September 13, 2013

Case Laws Income Tax AT

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