https://www.taxtmi.com/caselaws?id=151405 The Tribunal allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to verify the admissibility and genuineness of the expenses claimed, including depreciation on the BSE card, office equipment, interest expenses, and operational expenses. The Tribunal held that the business was not voluntarily discontinued but forcibly stopped by SEBI orders, allowing the depreciation and expenses incurred to maintain the business during the forced interruption. The order was pronounced on May 29, 2009. en-us Fri, 29 May 2009 00:00:00 +0530 Thu, 12 Oct 2023 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151405 The Tribunal allowed the assessee's appeal for statistical purposes, directing the Assessing Officer to verify the admissibility and genuineness of the expenses claimed, including depreciation on the BSE card, office equipment, interest expenses, and operational expenses. The Tribunal held that the business was not voluntarily discontinued but forcibly stopped by SEBI orders, allowing the depreciation and expenses incurred to maintain the business during the forced interruption. The order was pronounced on May 29, 2009. Case-Laws Income Tax Fri, 29 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151405