In the result, the appeal of the assessee is partly allowed
Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmi
8. 9. We have considered the rival contention and perused the materials available on record. It is the submission of the assessee that the business operation has not been discontinued permanently, but it was only suspended for a temporary period. The Ld A.R also submitted that the business has been revived in the succeeding year. The question that arises