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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
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<h1>Appeal allowed for registration despite omissions, firm's genuineness unaffected.</h1> The appeal was allowed, directing the Income Tax Officer to grant registration to the assessee firm despite omissions in maintaining a balance sheet or ... - The appeal was against the refusal to grant registration to the assessee firm. The firm maintained books of account but did not draw up a balance sheet or maintain a separate capital account. The Appellate Tribunal held that these omissions did not affect the genuineness of the firm, and directed the ITO to grant registration. The appeal was allowed.