https://www.taxtmi.com/caselaws?id=216492 The Tribunal allowed the appeal of the assessee, determining that the business commenced on 21.02.2001. As a result, revenue expenses incurred thereafter were deemed deductible, leading to a loss under "Income from Business" that could offset interest income. The Tribunal's decision on this pivotal issue rendered other matters raised by the assessee inconsequential. en-us Fri, 07 Sep 2012 00:00:00 +0530 Sat, 25 May 2013 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216492 The Tribunal allowed the appeal of the assessee, determining that the business commenced on 21.02.2001. As a result, revenue expenses incurred thereafter were deemed deductible, leading to a loss under "Income from Business" that could offset interest income. The Tribunal's decision on this pivotal issue rendered other matters raised by the assessee inconsequential. Case-Laws Income Tax Fri, 07 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216492