https://www.taxtmi.com/caselaws?id=330500 The High Court upheld the Tribunal's decision to allow the deduction of cultivation expenses against other business incomes and to set off losses claimed by the assessee. The Court found that the expenses were incurred for commercial expediency and were necessary for the business operations of the assessee, in line with established legal principles. The Court dismissed the appeal, stating that the issues had been adequately addressed in previous judgments, with no substantial questions of law for consideration. en-us Thu, 16 Jun 2016 00:00:00 +0530 Thu, 01 Sep 2016 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330500 The High Court upheld the Tribunal's decision to allow the deduction of cultivation expenses against other business incomes and to set off losses claimed by the assessee. The Court found that the expenses were incurred for commercial expediency and were necessary for the business operations of the assessee, in line with established legal principles. The Court dismissed the appeal, stating that the issues had been adequately addressed in previous judgments, with no substantial questions of law for consideration. Case-Laws Income Tax Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330500