1985 (9) TMI 84 - HC - Income Tax

Summary

The High Court of Patna upheld the decision of the Income-tax Appellate Tribunal to allow registration to a partnership firm, even though the partnership deed was found to be ante-dated. The Tribunal's decision was based on the fact that the partnership deed was filed within the relevant year and there was no evidence to suggest the firm was not genuine. The reference was answered in favor of the assessee.