https://www.taxtmi.com/caselaws?id=204222 The tribunal held that the respondent assessee had commenced its business activities during the relevant year, contrary to the Assessing Officer's contention. The company, established to implement a government project, engaged in activities aligned with its objectives, such as earthquake reconstruction projects. The tribunal considered these activities as part of the company's preoperative phase and allowed the claimed business expenses. The court upheld the tribunal's decision, dismissing the Tax Appeal as no substantial legal question arose. en-us Mon, 13 Jun 2011 00:00:00 +0530 Sun, 10 Jul 2011 00:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204222 The tribunal held that the respondent assessee had commenced its business activities during the relevant year, contrary to the Assessing Officer's contention. The company, established to implement a government project, engaged in activities aligned with its objectives, such as earthquake reconstruction projects. The tribunal considered these activities as part of the company's preoperative phase and allowed the claimed business expenses. The court upheld the tribunal's decision, dismissing the Tax Appeal as no substantial legal question arose. Case-Laws Income Tax Mon, 13 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204222