Disallowance of Administrative and Other Expenses as ...
Court Allows Pre-Operative Expense Claims for Mineral Exploration; "Setting Up" Includes Preparatory Activities.
November 4, 2013
Case Laws Income Tax AT
Disallowance of Administrative and Other Expenses as pre-operative expenses – the assessee had successfully identified certain mineral rich blocks too - the expression 'setting up' means 'to place on foot' or to establish or 'to ready to commence' - claim allowed - AT
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