Commencing several activities out of bunch of business activities to be treated as setting up of business: HC

INCOME TAX : There being a unity of control and management and common fund apart from other features, assessee on showing that it has commenced several of its activities in bunch of activities for which it was incorporated would definitely qualify for deduction of expenditure incurred by it under head operating expenses, financial expenses and depreciation

from www.taxmann.com Latest Case Laws https://ift.tt/2GhSFb3