https://www.taxtmi.com/caselaws?id=67610 The Tribunal upheld the registration of a partnership firm, initially refused by the ITO due to doubts about the lady partners' investments. Despite discrepancies in the partners' statements, the Tribunal found the firm genuine, considering explanations and legal precedents. The AAC's grant of registration was affirmed, emphasizing the firm's authenticity and accepting the imperfect but sufficient explanations provided by the lady partners. The department's appeal was dismissed, concluding that the partnership met registration requirements. en-us Mon, 22 Jul 1985 00:00:00 +0530 Fri, 11 Mar 2011 18:05:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67610 The Tribunal upheld the registration of a partnership firm, initially refused by the ITO due to doubts about the lady partners' investments. Despite discrepancies in the partners' statements, the Tribunal found the firm genuine, considering explanations and legal precedents. The AAC's grant of registration was affirmed, emphasizing the firm's authenticity and accepting the imperfect but sufficient explanations provided by the lady partners. The department's appeal was dismissed, concluding that the partnership met registration requirements. Case-Laws Income Tax Mon, 22 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67610