https://www.taxtmi.com/caselaws?id=271375 The ITAT dismissed the Revenue's appeal, affirming the CIT(A)'s order allowing full deduction of salary expenses and depreciation on office equipment. The ITAT upheld that once the business is established, related expenditures are deductible, regardless of manufacturing commencement. Judicial precedents supported this view, leading to the conclusion that all expenses were rightly allowed. The ITAT found no issues with the CIT(A)'s decision and upheld it entirely. en-us Mon, 23 Nov 2015 00:00:00 +0530 Wed, 03 Feb 2016 06:51:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271375 The ITAT dismissed the Revenue's appeal, affirming the CIT(A)'s order allowing full deduction of salary expenses and depreciation on office equipment. The ITAT upheld that once the business is established, related expenditures are deductible, regardless of manufacturing commencement. Judicial precedents supported this view, leading to the conclusion that all expenses were rightly allowed. The ITAT found no issues with the CIT(A)'s decision and upheld it entirely. Case-Laws Income Tax Mon, 23 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271375