https://www.taxtmi.com/caselaws?id=62178 The Tribunal upheld the grant of registration to the assessee-firm for the assessment year 1975-76 despite discrepancies in profit sharing ratios. It emphasized the continuity of the partnership following a partner's death and the reconstitution of the partnership. The Tribunal ruled that registration could not be refused solely based on profit allocation differences and that the partnership terms were followed, leading to the dismissal of the revenue's appeal. en-us Tue, 30 Nov 1982 00:00:00 +0530 Tue, 18 Jan 2011 14:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62178 The Tribunal upheld the grant of registration to the assessee-firm for the assessment year 1975-76 despite discrepancies in profit sharing ratios. It emphasized the continuity of the partnership following a partner's death and the reconstitution of the partnership. The Tribunal ruled that registration could not be refused solely based on profit allocation differences and that the partnership terms were followed, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Tue, 30 Nov 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62178