https://www.taxtmi.com/caselaws?id=35859 The court ruled in favor of the assessee on multiple issues related to the disallowance of expenses incurred prior to the formal inauguration date of the business. It held that the business was considered set up when the building was placed at the firm's disposal, allowing for the deduction of certain expenses as revenue expenses. The court directed the Commissioner to pay the costs of the reference to the assessee. en-us Tue, 24 Feb 1981 00:00:00 +0530 Wed, 17 Mar 2010 12:19:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35859 The court ruled in favor of the assessee on multiple issues related to the disallowance of expenses incurred prior to the formal inauguration date of the business. It held that the business was considered set up when the building was placed at the firm's disposal, allowing for the deduction of certain expenses as revenue expenses. The court directed the Commissioner to pay the costs of the reference to the assessee. Case-Laws Income Tax Tue, 24 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35859