Which of the following losses are not deductible from business income?

(A) Loss sustained before the business is commenced.

(B) Lossess incurred in the closing down of the business.

(C) Loss incurred due to damage, destruction, etc., of capital assets.

(D) Loss of raw material and finished goods in transit.

(E) Loss of stock-in-trade due to enemy action.

Choose the correct answer from the options given below: