https://www.taxtmi.com/caselaws?id=63226 Registration of a firm under the Income-tax Act depends on a valid partnership deed, a proper application, and the firm being genuine and constituted in accordance with the deed. The inquiry under section 185 is confined to genuineness; a dispute over whether profits were distributed or credited as stated in the prescribed certificate does not by itself justify refusal unless the certificate is incorrect or the firm is otherwise not genuine. The text also notes that an assessment under section 143(3) is independent of registration proceedings. On those principles, the firm was treated as genuine and entitled to registration, and refusal of registration was set aside. en-us Wed, 30 Nov 1994 00:00:00 +0530 Fri, 28 Jan 2011 15:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63226 Registration of a firm under the Income-tax Act depends on a valid partnership deed, a proper application, and the firm being genuine and constituted in accordance with the deed. The inquiry under section 185 is confined to genuineness; a dispute over whether profits were distributed or credited as stated in the prescribed certificate does not by itself justify refusal unless the certificate is incorrect or the firm is otherwise not genuine. The text also notes that an assessment under section 143(3) is independent of registration proceedings. On those principles, the firm was treated as genuine and entitled to registration, and refusal of registration was set aside. Case-Laws Income Tax Wed, 30 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63226