https://www.taxtmi.com/caselaws?id=206782 The Income Tax Appellate Tribunal held that the assessee commenced its business on 1st March 2001 and was entitled to claim deduction of revenue expenses incurred after that date. The Tribunal found that trial runs were conducted by the assessee from 1st March 2001, supporting the establishment of the business on that date. As a result, the Tribunal concluded that no substantial question of law arose from its order and upheld its decision, dismissing the appeal with no order as to costs. en-us Wed, 28 Sep 2011 00:00:00 +0530 Wed, 16 Nov 2011 06:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206782 The Income Tax Appellate Tribunal held that the assessee commenced its business on 1st March 2001 and was entitled to claim deduction of revenue expenses incurred after that date. The Tribunal found that trial runs were conducted by the assessee from 1st March 2001, supporting the establishment of the business on that date. As a result, the Tribunal concluded that no substantial question of law arose from its order and upheld its decision, dismissing the appeal with no order as to costs. Case-Laws Income Tax Wed, 28 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206782