https://www.taxtmi.com/caselaws?id=181464 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to allow claimed business expenses despite challenges faced by the assessee. It rejected challenges to disallow business losses due to lack of export activities and no sales during the period. The Tribunal emphasized the necessity for covering establishment and administrative expenses during political unrest, ultimately dismissing the Department's appeal. The decision was pronounced in an open court session on 25.03.2011. en-us Fri, 25 Mar 2011 00:00:00 +0530 Mon, 18 Apr 2016 12:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181464 The Tribunal upheld the Commissioner of Income Tax (Appeals)'s decision to allow claimed business expenses despite challenges faced by the assessee. It rejected challenges to disallow business losses due to lack of export activities and no sales during the period. The Tribunal emphasized the necessity for covering establishment and administrative expenses during political unrest, ultimately dismissing the Department's appeal. The decision was pronounced in an open court session on 25.03.2011. Case-Laws Income Tax Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181464