https://www.taxtmi.com/caselaws?id=178950 The Tribunal allowed the appeals filed by the assessee, determining that the assessee had established and initiated its real estate business during the relevant previous year. The Tribunal also ruled that the assessee could claim business expenditure against interest income credited to the Profit & Loss Account. The decision was made on 04-5-2012. en-us Fri, 04 May 2012 00:00:00 +0530 Wed, 21 Jun 2017 13:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178950 The Tribunal allowed the appeals filed by the assessee, determining that the assessee had established and initiated its real estate business during the relevant previous year. The Tribunal also ruled that the assessee could claim business expenditure against interest income credited to the Profit & Loss Account. The decision was made on 04-5-2012. Case-Laws Income Tax Fri, 04 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178950