https://www.taxtmi.com/caselaws?id=9563 The High Court upheld the decisions of the lower authorities, dismissing the Revenue's appeal. The court clarified that expenses incurred before the business's commencement could be considered if the business had been set up, emphasizing the distinction between setting up and commencing a business for tax purposes. The judgment highlighted the importance of adhering to statutory definitions and language in tax matters, ensuring clarity and consistency in interpreting legal provisions. The court found no substantial legal question in the case, as the interpretation of the law was straightforward and supported by the explicit language of the relevant section. en-us Thu, 05 May 2005 00:00:00 +0530 Sat, 27 Jun 2009 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9563 The High Court upheld the decisions of the lower authorities, dismissing the Revenue's appeal. The court clarified that expenses incurred before the business's commencement could be considered if the business had been set up, emphasizing the distinction between setting up and commencing a business for tax purposes. The judgment highlighted the importance of adhering to statutory definitions and language in tax matters, ensuring clarity and consistency in interpreting legal provisions. The court found no substantial legal question in the case, as the interpretation of the law was straightforward and supported by the explicit language of the relevant section. Case-Laws Income Tax Thu, 05 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9563