1983 (12) TMI 108 - AT - Income Tax

Summary

The appeal challenged the denial of registration continuation to an assessee firm for the assessment year 1978-79 due to late filing of Form No. 12. The Appellate Tribunal found that the delay was due to forgetfulness of a partner and ruled in favor of the firm, directing the ITO to continue the registration benefit. The appeal was allowed. (Case: Appellate Tribunal ITAT DELHI-B, Citation: 1983 (12) TMI 108 - ITAT DELHI-B)