https://www.taxtmi.com/caselaws?id=10916 The court ruled in favor of the assessee, granting registration for the assessment year 1979-80 and continuation for 1980-81, considering letting out godowns as a business activity under the Partnership Act. However, the court denied registration under section 185(1)(a) of the Income-tax Act for lack of evidence supporting continuous business activity in constructing and letting out godowns, resulting in the income being assessed as income from property, not business. The Revenue's position was upheld, and costs were not awarded. en-us Fri, 10 Jan 2003 00:00:00 +0530 Mon, 27 Jul 2009 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10916 The court ruled in favor of the assessee, granting registration for the assessment year 1979-80 and continuation for 1980-81, considering letting out godowns as a business activity under the Partnership Act. However, the court denied registration under section 185(1)(a) of the Income-tax Act for lack of evidence supporting continuous business activity in constructing and letting out godowns, resulting in the income being assessed as income from property, not business. The Revenue's position was upheld, and costs were not awarded. Case-Laws Income Tax Fri, 10 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10916