https://www.taxtmi.com/caselaws?id=49520 Whether a company's sugar business and its transactions in gunnies, jute and mustard seeds formed the same business under the Indian Income-tax Act turned on the settled tests of inter-connection, inter-lacing, inter-dependence and unity of control, management, capital, staff and accounts. The factual enquiry must examine the real relationship between the activities, but the ultimate characterisation of those facts as one business is a legal inference. Where the material admits more than one possible inference, the issue is not purely factual and a question of law arises for reference. en-us Thu, 17 Nov 1960 00:00:00 +0530 Sat, 25 Apr 2015 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49520 Whether a company's sugar business and its transactions in gunnies, jute and mustard seeds formed the same business under the Indian Income-tax Act turned on the settled tests of inter-connection, inter-lacing, inter-dependence and unity of control, management, capital, staff and accounts. The factual enquiry must examine the real relationship between the activities, but the ultimate characterisation of those facts as one business is a legal inference. Where the material admits more than one possible inference, the issue is not purely factual and a question of law arises for reference. Case-Laws Income Tax Thu, 17 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49520