https://www.taxtmi.com/caselaws?id=59899 The Tribunal upheld the Commissioner of Income-tax's decision that the expenditure on closure compensation was not deductible as a business expense. It was determined that the closure of the Allahabad unit did not equate to the closure of the entire business, and the assessee failed to demonstrate the required interconnection between the Allahabad unit and other units to constitute a single business entity. The Tribunal emphasized the lack of interdependence and interlacing among the various business activities, leading to the dismissal of the appeal. en-us Mon, 21 Apr 1997 00:00:00 +0530 Sat, 01 Jan 2011 17:04:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59899 The Tribunal upheld the Commissioner of Income-tax's decision that the expenditure on closure compensation was not deductible as a business expense. It was determined that the closure of the Allahabad unit did not equate to the closure of the entire business, and the assessee failed to demonstrate the required interconnection between the Allahabad unit and other units to constitute a single business entity. The Tribunal emphasized the lack of interdependence and interlacing among the various business activities, leading to the dismissal of the appeal. Case-Laws Income Tax Mon, 21 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59899