1986 (11) TMI 129 - AT - Income Tax

Summary

The appeal by the Revenue against the order of the AAC granting registration to the assessee firm was dismissed by the ITAT Jaipur. The ITAT found that the assessee firm was genuine and entitled to registration, rejecting the Revenue's contention that it was a benami firm. The cross-objection was also dismissed as not competent. (Case: Appellate Tribunal ITAT Jaipur, Citation: 1986 (11) TMI 129 - ITAT Jaipur)