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of <h1>High Court directs Tribunal to refer question of law on partnership firm's genuineness under Income-tax Act</h1> <h3>Doshi Vastralaya Versus Commissioner Of Income-Tax</h3> The High Court of Madhya Pradesh allowed the application under section 256(2) of the Income-tax Act, 1961, directing the Tribunal to refer the question of ... Firm Registration The High Court of Madhya Pradesh allowed the application under section 256(2) of the Income-tax Act, 1961. The court directed the Tribunal to refer the question of law regarding the genuineness of a partnership firm to the court for its opinion. The Tribunal had held that the firm was not genuine as profits were not distributed in accordance with the partnership deed.
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