https://www.taxtmi.com/caselaws?id=369297 The Tribunal allowed the appeal, directing the AO to verify and allow the expenses incurred for the business as they found that the appellant had undertaken essential activities necessary for its business upon incorporation, indicating that the business had commenced. The Tribunal emphasized the importance of setting up the business over the commencement of business and highlighted that the expenses were allowable. The order was pronounced on 10/10/2018. en-us Wed, 10 Oct 2018 00:00:00 +0530 Wed, 24 Oct 2018 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369297 The Tribunal allowed the appeal, directing the AO to verify and allow the expenses incurred for the business as they found that the appellant had undertaken essential activities necessary for its business upon incorporation, indicating that the business had commenced. The Tribunal emphasized the importance of setting up the business over the commencement of business and highlighted that the expenses were allowable. The order was pronounced on 10/10/2018. Case-Laws Income Tax Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369297