https://www.taxtmi.com/caselaws?id=272855 A transport partnership is not illegal merely because operations were carried on using permits held by one partner. The Motor Vehicles Act, 1939 provisions on transfer of ownership, use of a transport vehicle under permit, and transfer of permits without permission did not require permits or vehicles to stand only in the firm's name. A partnership may conduct business with a partner's property, and admission of a partner does not by itself amount to transfer or sub-lease of the permit unless the deed shows such an arrangement. As no statutory prohibition or public policy bar was established, the firm was held entitled to registration under the income-tax law. en-us Fri, 30 Apr 1965 00:00:00 +0530 Mon, 21 May 2018 16:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272855 A transport partnership is not illegal merely because operations were carried on using permits held by one partner. The Motor Vehicles Act, 1939 provisions on transfer of ownership, use of a transport vehicle under permit, and transfer of permits without permission did not require permits or vehicles to stand only in the firm's name. A partnership may conduct business with a partner's property, and admission of a partner does not by itself amount to transfer or sub-lease of the permit unless the deed shows such an arrangement. As no statutory prohibition or public policy bar was established, the firm was held entitled to registration under the income-tax law. Case-Laws Income Tax Fri, 30 Apr 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272855