https://www.taxtmi.com/caselaws?id=23779 A Tribunal's finding that an assessee was carrying on business during the relevant year was treated as a factual conclusion, not a referable question of law. Because the existence of business activity had already been determined on the facts, no question of law arose for reference on that point. The claim that the related expenditure was allowable as business expenditure also did not survive as an independent legal issue, since it depended on the same factual finding. The request to direct a reference was therefore rejected. en-us Fri, 28 Jul 1989 00:00:00 +0530 Thu, 14 Jan 2010 11:57:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23779 A Tribunal's finding that an assessee was carrying on business during the relevant year was treated as a factual conclusion, not a referable question of law. Because the existence of business activity had already been determined on the facts, no question of law arose for reference on that point. The claim that the related expenditure was allowable as business expenditure also did not survive as an independent legal issue, since it depended on the same factual finding. The request to direct a reference was therefore rejected. Case-Laws Income Tax Fri, 28 Jul 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23779