1990 (7) TMI 20 - HC - Income Tax

Summary

The High Court of Madras dismissed the writ petitions seeking to quash notices under the Tamil Nadu Agricultural Income-tax Act, 1955. The court held that registered partnership firms must file returns under section 16, even if individual partners applied for compounding tax under section 65. The petitioners were advised to file objections before the Assessing Officer and explore alternative remedies provided by the Act. The petitions were dismissed with no costs.