https://www.taxtmi.com/caselaws?id=69342 The tribunal upheld the first appellate authority's decision to allow the pre-operative expenses claimed by the assessee in the computation of business income. It dismissed the departmental appeal, affirming that the business had commenced by April 1, 1975, based on the ongoing activities and factual evidence presented, contrary to the department's arguments regarding the business commencement date. The tribunal found the legal precedents cited by the departmental representative inapplicable to the current case, emphasizing the distinction between setting up and commencement of business. en-us Sat, 17 Apr 1982 00:00:00 +0530 Wed, 06 Apr 2011 12:55:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69342 The tribunal upheld the first appellate authority's decision to allow the pre-operative expenses claimed by the assessee in the computation of business income. It dismissed the departmental appeal, affirming that the business had commenced by April 1, 1975, based on the ongoing activities and factual evidence presented, contrary to the department's arguments regarding the business commencement date. The tribunal found the legal precedents cited by the departmental representative inapplicable to the current case, emphasizing the distinction between setting up and commencement of business. Case-Laws Income Tax Sat, 17 Apr 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69342