https://www.taxtmi.com/caselaws?id=67936 A partnership firm was treated as genuine and entitled to registration where it was duly constituted, capital was contributed by the partners, business was actually carried on, and profits were appropriated by them. The fact that another firm of relatives operated similar business from the same premises and used some of the same employees was held insufficient, without clinching evidence, to prove that the assessee was merely a facade or benami concern. The Revenue's appeal was dismissed. en-us Thu, 20 Nov 1986 00:00:00 +0530 Tue, 15 Mar 2011 17:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67936 A partnership firm was treated as genuine and entitled to registration where it was duly constituted, capital was contributed by the partners, business was actually carried on, and profits were appropriated by them. The fact that another firm of relatives operated similar business from the same premises and used some of the same employees was held insufficient, without clinching evidence, to prove that the assessee was merely a facade or benami concern. The Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 20 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67936