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TMI Blog1989 (1) TMI 34X X X X Extracts X X X X X X X X Extracts X X X X ..... uestions of law referred for the opinion of this court read as under : "(1) Whether, on the facts, the Tribunal has been in error in law in holding that there is no legal bar on the 'karta' of a Hindu undivided family to enter into a partnership with a co-parcener of his own family ? (2) Whether, on the facts, the Tribunal has been in error in law in holding that the Appellate Assistant Commissi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssessment year 1964-65 and such registration continued in terms of section 184(7) of the Income-tax Act, 1961 (hereinafter referred to as "the Act"), for the assessment year 1965-66. In the meanwhile, the Income-tax Officer, dealing with the partial partition case of the Hindu undivided family of Brij Bhushan Lal, which took place in the previous year relevant to the assessment year 1971-72, afte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is separate property. This is also the view of the Supreme Court as expressed in Ratanchand Darbarilal v. CIT [1985] 155 ITR 720. It is also pertinent to note that on the facts, there is a clear finding recorded by the Tribunal that Suresh Kumar, one of the partners of the firm, was a genuine partner and that he contributed his labour and skill to it. Such being the position, both in law and in ..... X X X X Extracts X X X X X X X X Extracts X X X X
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