https://www.taxtmi.com/caselaws?id=63605 A temporarily suspended business is not treated as discontinued where the licence and surrounding records show only interim dormancy, continued contest of the suspension, and later renewal of the existing licence. On that basis, rent and salary expenses incurred during the suspension period retained their revenue character and remained allowable as business expenditure because they were incidental to an existing business that had not been finally brought to an end. en-us Thu, 10 Feb 1977 00:00:00 +0530 Tue, 01 Feb 2011 10:32:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63605 A temporarily suspended business is not treated as discontinued where the licence and surrounding records show only interim dormancy, continued contest of the suspension, and later renewal of the existing licence. On that basis, rent and salary expenses incurred during the suspension period retained their revenue character and remained allowable as business expenditure because they were incidental to an existing business that had not been finally brought to an end. Case-Laws Income Tax Thu, 10 Feb 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63605