https://www.taxtmi.com/caselaws?id=195237 The High Court upheld the Tribunal's decision that the construction business in India and Kuwait constituted a single business entity with common management and control. The judgment emphasized the importance of unity of control in determining whether separate business activities are part of the same business for tax purposes, highlighting that the nature of the businesses is not as crucial as the commonality of management. The Court dismissed the Department's petition, affirming the Tribunal's findings and rejecting the argument that expenses cannot be set off against income from another business under section 37 of the Income-tax Act. en-us Tue, 27 Oct 1998 00:00:00 +0530 Mon, 23 Oct 2017 18:23:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195237 The High Court upheld the Tribunal's decision that the construction business in India and Kuwait constituted a single business entity with common management and control. The judgment emphasized the importance of unity of control in determining whether separate business activities are part of the same business for tax purposes, highlighting that the nature of the businesses is not as crucial as the commonality of management. The Court dismissed the Department's petition, affirming the Tribunal's findings and rejecting the argument that expenses cannot be set off against income from another business under section 37 of the Income-tax Act. Case-Laws Income Tax Tue, 27 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195237