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    <title>Business Denied Loss Claim Due to Lack of Operational Steps: No Purchases or Premises Secured for Sales.</title>
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    <description>At what stage a business can be said to be set up - the assessee has not made any purchase or rented any shop premises from where sale could took place or for that matter rented any warehouse where the purchased goods intended to be sold can be stored - claim of business loss rightly rejected - AT</description>
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