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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Determination of date of commencement of business - The main ...


Court Disallows Expenditure Claims, Rules Business Had Not Commenced in Relevant Year per Assessing Officer's Determination.

May 7, 2012

Case Laws     Income Tax     AT

Determination of date of commencement of business - The main issue is with reference to allowance of expenditure claimed by the assessee, disallowed by the Assessing Officer on the reason that the assessee has not commenced the business in the year under consideration - AT

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