Commissioner has disallowed the "start-up expenses" in the order of AY07-08. we have all the expenses and also in detailed and we can also show to him the transaction in bank, if required. Here my question is can Commissioner ask or disallow on the ground that prove this expenses is used to grow or start your business. Inshort can he interfere in the our business environment. I think he has no right to go in detail about the service rendered, if the transaction is genuine the exp. is allowable...right ? i think even one case law on it , can any one able to provide this.
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Appeal on disallowance of expenses
Replies (2)
i think start-up expenses are capital expenses, they cannot be allowed.
i may be wrong, better to refer a case law before going into appeal
Start-up Expenses is to be treated as a Preliminary Expenses & hence of capital nature
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