https://www.taxtmi.com/caselaws?id=383174 The tribunal held that the assessee's business was not set up during the relevant year, and the expenses claimed were pre-operative and not allowable as revenue expenses. The tribunal rectified mistakes in its original order regarding the capitalization of tools and jigs and project responsibility but upheld the decision to disallow the expenses. The Miscellaneous Application was partly allowed for corrections, but the outcome remained unchanged. en-us Fri, 12 Jul 2019 00:00:00 +0530 Wed, 17 Jul 2019 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383174 The tribunal held that the assessee's business was not set up during the relevant year, and the expenses claimed were pre-operative and not allowable as revenue expenses. The tribunal rectified mistakes in its original order regarding the capitalization of tools and jigs and project responsibility but upheld the decision to disallow the expenses. The Miscellaneous Application was partly allowed for corrections, but the outcome remained unchanged. Case-Laws Income Tax Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383174