https://www.taxtmi.com/caselaws?id=66437 The Tribunal upheld the decision to grant registration to the assessee for the assessment years 1978-79 and 1979-80. It confirmed that the assessee's activities, including leasing out godowns and engaging in construction projects, constituted a business. The Tribunal found that the partnership firm was validly constituted, with partners contributing property and capital for business activities. The firm met the requirements for registration under the Income-tax Act, 1961, and there was no evidence of procedural non-compliance. The revenue's appeals were dismissed, affirming the validity of the firm and its entitlement to registration. en-us Tue, 27 Dec 1983 00:00:00 +0530 Thu, 24 Feb 2011 16:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66437 The Tribunal upheld the decision to grant registration to the assessee for the assessment years 1978-79 and 1979-80. It confirmed that the assessee's activities, including leasing out godowns and engaging in construction projects, constituted a business. The Tribunal found that the partnership firm was validly constituted, with partners contributing property and capital for business activities. The firm met the requirements for registration under the Income-tax Act, 1961, and there was no evidence of procedural non-compliance. The revenue's appeals were dismissed, affirming the validity of the firm and its entitlement to registration. Case-Laws Income Tax Tue, 27 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66437