No business activity had been carried out during the relevant ...
Entity Denied Business Expense Deduction Due to Lack of Activity u/s 71(1) of Income Tax Act.
July 4, 2012
Case Laws Income Tax AT
No business activity had been carried out during the relevant previous year - not entitled to a set off of the administrative expenditure incurred as business expenses u/s 71(1) of the Act - AT
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