1978 (11) TMI 48 - HC - Income Tax

Summary

The High Court of Allahabad ruled in favor of the assessee, a partnership firm, stating that the Income-tax Officer was not justified in refusing to continue the firm's registration under section 186(2) of the Income-tax Act, 1961. The court found that the firm was genuine and had been granted registration since 1965-66, and the Income-tax Officer erred in not providing a fourteen days' notice before refusing registration. The court held that the assessee was entitled to registration and awarded costs of Rs. 200 to the assessee. (Case: 1978 (11) TMI 48 - High Court of Allahabad)