https://www.taxtmi.com/caselaws?id=64572 The Appellate Tribunal overturned the lower authorities' decisions and directed the ITO to grant registration to the appellant-firm. The Tribunal found that minor deviations in profit sharing did not invalidate registration claims, emphasizing the genuineness of the firm. Despite technical discrepancies, the Tribunal deemed the refusal of registration unjustified, especially as the original partnership deed was submitted during assessment proceedings. Consequently, the appeal was allowed, instructing the ITO to register the partnership firm under section 185(1)(a) of the Income-tax Act, 1961 for the relevant assessment year. en-us Sat, 26 Apr 1986 00:00:00 +0530 Tue, 08 Feb 2011 16:23:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64572 The Appellate Tribunal overturned the lower authorities' decisions and directed the ITO to grant registration to the appellant-firm. The Tribunal found that minor deviations in profit sharing did not invalidate registration claims, emphasizing the genuineness of the firm. Despite technical discrepancies, the Tribunal deemed the refusal of registration unjustified, especially as the original partnership deed was submitted during assessment proceedings. Consequently, the appeal was allowed, instructing the ITO to register the partnership firm under section 185(1)(a) of the Income-tax Act, 1961 for the relevant assessment year. Case-Laws Income Tax Sat, 26 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64572