https://www.taxtmi.com/circulars?id=10218 Section 183(b) authorises an assessing officer to treat an unregistered firm as registered where the officer considers the aggregate tax payable by the firm and its partners as registered exceeds the tax payable if the firm were unregistered; after amendment the legal effect is that registration under this provision does not exempt the firm from tax and both firm and partners will be liable, and officers must examine applicability and perform this comparison before finalising assessments. en-us Tue, 23 Jul 1974 00:00:00 +0530 Sat, 11 Jun 2011 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10218 Section 183(b) authorises an assessing officer to treat an unregistered firm as registered where the officer considers the aggregate tax payable by the firm and its partners as registered exceeds the tax payable if the firm were unregistered; after amendment the legal effect is that registration under this provision does not exempt the firm from tax and both firm and partners will be liable, and officers must examine applicability and perform this comparison before finalising assessments. Circulars Income Tax Tue, 23 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10218