Denial of pre-operative expenses intricate to nature of business activity is unsustainable

 Honda Access India Pvt Ltd Vs DCIT (ITAT Delhi)

ITAT Delhi held that denial of pre-operative expenses like brokerage and commission expenses, business promotion expenses, vehicle running expenses, etc. intricate to the nature of business activity is unsustainable.

Facts- The assessee was incorporated on 17.07.2012 in India as a subsidiary of Honda Access Corporation, Japan. The appellant is engaged in the business of manufacturing, trading etc. of automobile accessories, auto parts and fittings of a

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