https://www.taxtmi.com/caselaws?id=6063 The Supreme Court allowed the appeal, setting aside the High Court's order and ruling in favor of the Revenue regarding the registration of a partnership dealing in liquor under section 185 of the Income-tax Act, 1961. The court emphasized the strict regulation of liquor businesses, highlighting the potential illegality of partnerships with liquor licensees and the importance of adhering to regulations governing liquor licenses and partnerships in the context of liquor trade. The decision clarified the legal stance on partnerships in liquor businesses and the implications of violating relevant excise enactments. en-us Thu, 03 Aug 2000 00:00:00 +0530 Mon, 01 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6063 The Supreme Court allowed the appeal, setting aside the High Court's order and ruling in favor of the Revenue regarding the registration of a partnership dealing in liquor under section 185 of the Income-tax Act, 1961. The court emphasized the strict regulation of liquor businesses, highlighting the potential illegality of partnerships with liquor licensees and the importance of adhering to regulations governing liquor licenses and partnerships in the context of liquor trade. The decision clarified the legal stance on partnerships in liquor businesses and the implications of violating relevant excise enactments. Case-Laws Income Tax Thu, 03 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6063