https://www.taxtmi.com/caselaws?id=7428 A partnership carrying on excisable business was not treated as illegal for income-tax registration where the licence stood in one partner's name but had neither been transferred nor sub-let. The licensed partner continued to manage the business on behalf of all partners and received remuneration for that role, so the arrangement was not hit by section 23 of the Bihar and Orissa Excise Act, 1915. On those facts, the firm remained eligible for registration under section 26A of the Indian Income-tax Act, 1922, and the reference was answered against the Commissioner of Income-tax. en-us Fri, 08 Nov 1968 00:00:00 +0530 Thu, 19 Feb 2009 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7428 A partnership carrying on excisable business was not treated as illegal for income-tax registration where the licence stood in one partner's name but had neither been transferred nor sub-let. The licensed partner continued to manage the business on behalf of all partners and received remuneration for that role, so the arrangement was not hit by section 23 of the Bihar and Orissa Excise Act, 1915. On those facts, the firm remained eligible for registration under section 26A of the Indian Income-tax Act, 1922, and the reference was answered against the Commissioner of Income-tax. Case-Laws Income Tax Fri, 08 Nov 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7428