https://www.taxtmi.com/caselaws?id=237707 The High Court dismissed the Tax Appeal, affirming that the assessee's business was considered to have commenced on 21.02.2001 when water began flowing through the canal. The Court upheld the Tribunal's decision that expenses incurred after this date were deductible. Additionally, the Court found the constitution of the Special Bench appropriate, stating that no substantial question of law was raised by the revenue's challenge, leading to the dismissal of the appeal with no questions of law arising. en-us Tue, 16 Apr 2013 00:00:00 +0530 Sat, 21 Feb 2015 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237707 The High Court dismissed the Tax Appeal, affirming that the assessee's business was considered to have commenced on 21.02.2001 when water began flowing through the canal. The Court upheld the Tribunal's decision that expenses incurred after this date were deductible. Additionally, the Court found the constitution of the Special Bench appropriate, stating that no substantial question of law was raised by the revenue's challenge, leading to the dismissal of the appeal with no questions of law arising. Case-Laws Income Tax Tue, 16 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237707