https://www.taxtmi.com/caselaws?id=66191 The Tribunal upheld the Commissioner of Income-Tax (Appeal)'s decisions, allowing depreciation for business assets, deduction of pre-operative and incidental expenses, and direction to compute and carry forward business loss. The Tribunal emphasized interpreting tax provisions broadly and recognizing legitimate business expenses and losses, dismissing the appeal and affirming the lower authorities' rulings. en-us Mon, 24 Feb 1986 00:00:00 +0530 Tue, 22 Feb 2011 10:48:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66191 The Tribunal upheld the Commissioner of Income-Tax (Appeal)'s decisions, allowing depreciation for business assets, deduction of pre-operative and incidental expenses, and direction to compute and carry forward business loss. The Tribunal emphasized interpreting tax provisions broadly and recognizing legitimate business expenses and losses, dismissing the appeal and affirming the lower authorities' rulings. Case-Laws Income Tax Mon, 24 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66191