https://www.taxtmi.com/caselaws?id=278719 The Tribunal allowed the Revenue's appeal, determining that the assessee had not commenced the business of the Food Division during the accounting period. Therefore, the disallowance under section 35(1)(iv) and depreciation on machinery and building were upheld. The CIT(A)'s decision was overturned, and the Assessing Officer's decision was reinstated. en-us Wed, 14 Dec 2011 00:00:00 +0530 Mon, 18 Feb 2019 15:14:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278719 The Tribunal allowed the Revenue's appeal, determining that the assessee had not commenced the business of the Food Division during the accounting period. Therefore, the disallowance under section 35(1)(iv) and depreciation on machinery and building were upheld. The CIT(A)'s decision was overturned, and the Assessing Officer's decision was reinstated. Case-Laws Income Tax Wed, 14 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278719