https://www.taxtmi.com/acts?id=11686 A business is distinct and separate where there is no interlacing or inter dependence between operations. Businesses are deemed separate if units are physically apart, use different raw materials or manufacturing processes for the same goods, maintain separate books of account, or have profits determined under the specified statutory computation; speculative businesses are treated as distinct from any other business. en-us Thu, 16 Sep 2010 18:32:24 +0530 Fri, 17 Sep 2010 13:23:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11686 A business is distinct and separate where there is no interlacing or inter dependence between operations. Businesses are deemed separate if units are physically apart, use different raw materials or manufacturing processes for the same goods, maintain separate books of account, or have profits determined under the specified statutory computation; speculative businesses are treated as distinct from any other business. Act-Rules Bills Thu, 16 Sep 2010 18:32:24 +0530 https://www.taxtmi.com/acts?id=11686