https://www.taxtmi.com/caselaws?id=64115 The Tribunal rejected the expenses claimed by the assessee before December 14, 1973, as they did not constitute the commencement of business. However, they allowed the expenses incurred thereafter, considering the business could not start due to the unavailability of raw materials. The Income Tax Officer was directed to verify and disallow only the expenses incurred before December 14, 1973. As a result, the appeal was partly allowed. en-us Wed, 19 Apr 1978 00:00:00 +0530 Thu, 03 Feb 2011 18:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64115 The Tribunal rejected the expenses claimed by the assessee before December 14, 1973, as they did not constitute the commencement of business. However, they allowed the expenses incurred thereafter, considering the business could not start due to the unavailability of raw materials. The Income Tax Officer was directed to verify and disallow only the expenses incurred before December 14, 1973. As a result, the appeal was partly allowed. Case-Laws Income Tax Wed, 19 Apr 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64115