https://www.taxtmi.com/caselaws?id=7968 The High Court ruled that a change in the name of a partnership firm does not constitute a change in its constitution, as per the Income-tax Act, 1961. The court held that altering the firm's name without changing the partners' shares does not affect its registration renewal status. The court criticized the tax authorities for misinterpreting the law and directed the Income-tax Officer to rectify the assessment orders to reflect the firm's registered status accurately. The judgment emphasized that while a firm name is necessary for identification, it does not alter the firm's constitution under the Act. en-us Fri, 13 Nov 1970 00:00:00 +0530 Thu, 26 Mar 2009 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7968 The High Court ruled that a change in the name of a partnership firm does not constitute a change in its constitution, as per the Income-tax Act, 1961. The court held that altering the firm's name without changing the partners' shares does not affect its registration renewal status. The court criticized the tax authorities for misinterpreting the law and directed the Income-tax Officer to rectify the assessment orders to reflect the firm's registered status accurately. The judgment emphasized that while a firm name is necessary for identification, it does not alter the firm's constitution under the Act. Case-Laws Income Tax Fri, 13 Nov 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7968