https://www.taxtmi.com/caselaws?id=207462 A partnership formed in breach of the Andhra Pradesh excise licensing regime was unlawful and could not be recognised as a valid firm for income-tax purposes. The excise statute and rules barred inclusion of partners without prior licensing permission, and a partnership created in contravention of that prohibition was opposed to public policy under the Contract Act. The amendment to sections 184 and 185 of the Income-tax Act, which removed the registered/unregistered firm distinction, did not prevent the tax authority from examining whether the firm was constituted in accordance with law. The claimed firm status and related deductions were therefore denied, and the Revenue was entitled to assess the assessees otherwise than as firms. en-us Thu, 09 Sep 2010 00:00:00 +0530 Thu, 20 Dec 2012 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207462 A partnership formed in breach of the Andhra Pradesh excise licensing regime was unlawful and could not be recognised as a valid firm for income-tax purposes. The excise statute and rules barred inclusion of partners without prior licensing permission, and a partnership created in contravention of that prohibition was opposed to public policy under the Contract Act. The amendment to sections 184 and 185 of the Income-tax Act, which removed the registered/unregistered firm distinction, did not prevent the tax authority from examining whether the firm was constituted in accordance with law. The claimed firm status and related deductions were therefore denied, and the Revenue was entitled to assess the assessees otherwise than as firms. Case-Laws Income Tax Thu, 09 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207462