https://www.taxtmi.com/caselaws?id=7100 The High Court ruled in favor of the petitioner, a partnership firm involved in exhibiting cinematograph films, regarding the assessment of its income status. The court held that the petitioner should be treated as a partnership firm and not as an association of persons. Additionally, the court found that the Income-tax Officer could not consider the total income assessed for the previous year that had been set aside when determining advance tax payments for the following year. Relief was granted to the petitioner by quashing the order under section 210 of the Income-tax Act, 1961, and the associated recovery proceedings to prevent harm to the petitioner's business. en-us Fri, 31 Mar 1967 00:00:00 +0530 Sun, 08 Feb 2009 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7100 The High Court ruled in favor of the petitioner, a partnership firm involved in exhibiting cinematograph films, regarding the assessment of its income status. The court held that the petitioner should be treated as a partnership firm and not as an association of persons. Additionally, the court found that the Income-tax Officer could not consider the total income assessed for the previous year that had been set aside when determining advance tax payments for the following year. Relief was granted to the petitioner by quashing the order under section 210 of the Income-tax Act, 1961, and the associated recovery proceedings to prevent harm to the petitioner's business. Case-Laws Income Tax Fri, 31 Mar 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7100