https://www.taxtmi.com/caselaws?id=66295 A partnership firm's genuineness for registration was assessed with reference to the absence of capital contribution by one partner and minor inconsistencies in his sworn statement. Absence of capital contribution was treated as insufficient, by itself, to invalidate partnership status in law, and the discrepancies were considered too trifling to undermine the firm's existence. On an overall appraisal of the facts, the firm was found genuine and entitled to registration. en-us Thu, 20 Sep 1979 00:00:00 +0530 Wed, 23 Feb 2011 13:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66295 A partnership firm's genuineness for registration was assessed with reference to the absence of capital contribution by one partner and minor inconsistencies in his sworn statement. Absence of capital contribution was treated as insufficient, by itself, to invalidate partnership status in law, and the discrepancies were considered too trifling to undermine the firm's existence. On an overall appraisal of the facts, the firm was found genuine and entitled to registration. Case-Laws Income Tax Thu, 20 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66295