https://www.taxtmi.com/caselaws?id=70943 The ITAT upheld the AAC's decision to allow registration to the assessee-firm for the assessment year 1971-72. The dispute arose from the ITO's disallowance of registration, alleging a benami partnership involving one of the partners. The ITAT found no evidence supporting the benami claim and emphasized the partner's independent financial activities and partnerships in other firms, affirming the genuineness of the partnership structure. Consequently, the ITAT dismissed the Department's appeal and confirmed the registration of the assessee-firm. en-us Sat, 07 Oct 1978 00:00:00 +0530 Wed, 20 Apr 2011 12:20:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70943 The ITAT upheld the AAC's decision to allow registration to the assessee-firm for the assessment year 1971-72. The dispute arose from the ITO's disallowance of registration, alleging a benami partnership involving one of the partners. The ITAT found no evidence supporting the benami claim and emphasized the partner's independent financial activities and partnerships in other firms, affirming the genuineness of the partnership structure. Consequently, the ITAT dismissed the Department's appeal and confirmed the registration of the assessee-firm. Case-Laws Income Tax Sat, 07 Oct 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70943