Tribunal held that the assessee has not carried out any business activity in his individual capacity hence loss is held to be not allowable. (AY. 2005 -06)
Rajesh Kumar v. ACIT (2019) 175 ITD 734 / 181 DTR 79(Bang.) (Trib.)
S. 28(i) : Business loss-Held to be not allowable as not carried out any business activity in his individual capacity during the year.