https://www.taxtmi.com/caselaws?id=117288 The appeal addressed the deletion of an addition of expenses by the CIT(A) for the assessment year 1992-93, focusing on the justification of deleting claimed expenses related to setting up the business. The Tribunal upheld the CIT(A)'s decision, emphasizing that the business had been set up, even though manufacturing operations had not commenced. The expenses were deemed eligible for deduction as revenue expenditure, as the assessee had undertaken necessary activities to establish the business. The appeal was dismissed, affirming the CIT(A)'s order. en-us Mon, 20 May 2002 00:00:00 +0530 Thu, 21 Jun 2012 15:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117288 The appeal addressed the deletion of an addition of expenses by the CIT(A) for the assessment year 1992-93, focusing on the justification of deleting claimed expenses related to setting up the business. The Tribunal upheld the CIT(A)'s decision, emphasizing that the business had been set up, even though manufacturing operations had not commenced. The expenses were deemed eligible for deduction as revenue expenditure, as the assessee had undertaken necessary activities to establish the business. The appeal was dismissed, affirming the CIT(A)'s order. Case-Laws Income Tax Mon, 20 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117288