https://www.taxtmi.com/caselaws?id=71422 The department's appeal contesting the refusal of registration of the assessee firm was dismissed. The Tribunal upheld the CIT(A)'s order directing the Income-tax Officer to grant registration, emphasizing that the additional income declared did not constitute profits for distribution as per the partnership deed. The Tribunal ruled that the refusal of registration based on the non-distribution of additional income was not justified, as the genuineness of the firm was established, and the conditions for registration were met. en-us Fri, 16 Mar 1990 00:00:00 +0530 Sat, 23 Apr 2011 13:18:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71422 The department's appeal contesting the refusal of registration of the assessee firm was dismissed. The Tribunal upheld the CIT(A)'s order directing the Income-tax Officer to grant registration, emphasizing that the additional income declared did not constitute profits for distribution as per the partnership deed. The Tribunal ruled that the refusal of registration based on the non-distribution of additional income was not justified, as the genuineness of the firm was established, and the conditions for registration were met. Case-Laws Income Tax Fri, 16 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71422