https://www.taxtmi.com/caselaws?id=350096 Expenditure is deductible only where the assessee shows that a business had commenced or was being carried on and produces supporting material linking the outlay to that business. On the facts recorded, no evidence showed commencement of operations during the relevant year, so the claimed expenses were treated as relating to work in progress and not as deductible revenue expenditure. Chartered flight and travelling s were also disallowed because the assessee failed to prove that they were incurred wholly and exclusively for business purposes under section 37(1), or to establish business necessity and nexus with the claimed activities. en-us Tue, 04 Jul 2017 00:00:00 +0530 Tue, 31 Oct 2017 14:39:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350096 Expenditure is deductible only where the assessee shows that a business had commenced or was being carried on and produces supporting material linking the outlay to that business. On the facts recorded, no evidence showed commencement of operations during the relevant year, so the claimed expenses were treated as relating to work in progress and not as deductible revenue expenditure. Chartered flight and travelling s were also disallowed because the assessee failed to prove that they were incurred wholly and exclusively for business purposes under section 37(1), or to establish business necessity and nexus with the claimed activities. Case-Laws Income Tax Tue, 04 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350096