https://www.taxtmi.com/caselaws?id=10954 Whether one concern was merely an extension of another firm was treated as a question of fact. The Tribunal's finding that the second concern was an independent and genuine firm, supported by separate capital contributions, separate books of account and separate registrations under tax laws, was not shown to be perverse. As the record disclosed no material making that finding impossible or legally unsustainable, interference was unwarranted in reference jurisdiction. The issue was answered in favour of the assessee and against the Revenue. en-us Mon, 01 Sep 2003 00:00:00 +0530 Tue, 28 Jul 2009 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10954 Whether one concern was merely an extension of another firm was treated as a question of fact. The Tribunal's finding that the second concern was an independent and genuine firm, supported by separate capital contributions, separate books of account and separate registrations under tax laws, was not shown to be perverse. As the record disclosed no material making that finding impossible or legally unsustainable, interference was unwarranted in reference jurisdiction. The issue was answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 01 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10954