https://www.taxtmi.com/caselaws?id=62110 The Tribunal ruled in favor of the assessee, allowing all three appeals. It held that the registration application for the assessment year 1973-74 was valid, supported by circumstantial evidence and the conduct of the assessee. Additionally, the Tribunal found that the loss sharing ratio in the partnership deed was adequately defined, rejecting the department's argument of a void. Consequently, the Tribunal directed the grant of registration for the specified assessment year and subsequent years. en-us Thu, 27 Jan 1977 00:00:00 +0530 Tue, 18 Jan 2011 11:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62110 The Tribunal ruled in favor of the assessee, allowing all three appeals. It held that the registration application for the assessment year 1973-74 was valid, supported by circumstantial evidence and the conduct of the assessee. Additionally, the Tribunal found that the loss sharing ratio in the partnership deed was adequately defined, rejecting the department's argument of a void. Consequently, the Tribunal directed the grant of registration for the specified assessment year and subsequent years. Case-Laws Income Tax Thu, 27 Jan 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62110