https://www.taxtmi.com/caselaws?id=405023 The Tribunal allowed the appeal, determining that security and electricity expenses incurred on the factory premises were legitimate business expenditures for the relevant financial year, despite the impending sale of the factory. The expenses were deemed necessary for maintaining business operations until the property was sold. The disallowance of these expenses was overturned, emphasizing the business-related nature of the costs incurred. en-us Fri, 05 Feb 2021 00:00:00 +0530 Wed, 10 Mar 2021 08:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405023 The Tribunal allowed the appeal, determining that security and electricity expenses incurred on the factory premises were legitimate business expenditures for the relevant financial year, despite the impending sale of the factory. The expenses were deemed necessary for maintaining business operations until the property was sold. The disallowance of these expenses was overturned, emphasizing the business-related nature of the costs incurred. Case-Laws Income Tax Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405023