https://www.taxtmi.com/caselaws?id=206308 The Tribunal allowed the appeal of the assessee, determining that the business of manufacturing electronic goods and financial consultancy services was ongoing and composite. Syndication charges were classified as business income, allowing for the set-off of previous losses against this income. The Tribunal emphasized the continuity of business operations and the composite nature of activities, aligning with legal precedents cited. en-us Fri, 13 May 2011 00:00:00 +0530 Sat, 22 Oct 2011 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206308 The Tribunal allowed the appeal of the assessee, determining that the business of manufacturing electronic goods and financial consultancy services was ongoing and composite. Syndication charges were classified as business income, allowing for the set-off of previous losses against this income. The Tribunal emphasized the continuity of business operations and the composite nature of activities, aligning with legal precedents cited. Case-Laws Income Tax Fri, 13 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206308