1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Just a moment...
1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>Non-disclosure of profit doesn't affect firm's constitution. Registration upheld under Income-tax Act.</h1> The High Court of Madras ruled that non-disclosure of profit by one partner does not alter the firm's constitution. The firm can be registered if profits ... Firm, Registration, Continuation of Registration The High Court of Madras held that non-disclosure of profit by one partner does not change firm's constitution. Firm entitled to registration if profits shared as per partnership deed. Registration cannot be cancelled without proof of complicity by other partners. Decision supported by Delhi High Court case. Court ruled in favor of assessee for continuation of registration under Income-tax Act.