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of <h1>High Court upholds registration of newly constituted firm under Income-tax Act, 1961.</h1> The High Court of Madhya Pradesh upheld the registration of a newly constituted firm under the Income-tax Act, 1961, ruling in favor of the assessee ... Delay In Filing Application, Finding Of Fact, Firm Registration The High Court of Madhya Pradesh considered a case regarding the genuineness of a newly constituted firm under the Income-tax Act, 1961. The court found no legal issues, upheld the decision to register the firm, and ruled in favor of the assessee against the Revenue.
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