https://www.taxtmi.com/caselaws?id=368831 The Tribunal upheld the disallowance of expenditure claimed by the assessee for AY 2010-11, citing that the business was not operational during that year. Despite a name change from HR Caf'e India P. Ltd. to JSM Corporation Private Limited, the Tribunal proceeded with the case based on existing records. The disallowance of pre-operative expenses was affirmed, as the business was not set up during the relevant AY. The appeal was dismissed, with the Tribunal supporting the decisions of the lower authorities and finding no grounds for reversal. en-us Wed, 10 Oct 2018 00:00:00 +0530 Mon, 15 Oct 2018 14:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368831 The Tribunal upheld the disallowance of expenditure claimed by the assessee for AY 2010-11, citing that the business was not operational during that year. Despite a name change from HR Caf'e India P. Ltd. to JSM Corporation Private Limited, the Tribunal proceeded with the case based on existing records. The disallowance of pre-operative expenses was affirmed, as the business was not set up during the relevant AY. The appeal was dismissed, with the Tribunal supporting the decisions of the lower authorities and finding no grounds for reversal. Case-Laws Income Tax Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368831