https://www.taxtmi.com/caselaws?id=274795 The Tribunal upheld the validity of the partnership deed, confirmed the status of the partnership firm with individuals as partners, and emphasized consistency in assessment decisions. It dismissed the Revenue's appeals, affirming the partnership's formation and rejecting the AO's attempt to reclassify the firm as an Association of Persons based on the composition of partners. The Tribunal's decision supported the firm's registered status and highlighted the significance of maintaining consistency in assessment practices, particularly in longstanding cases without material changes. en-us Mon, 26 Mar 2018 00:00:00 +0530 Tue, 04 Sep 2018 07:19:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274795 The Tribunal upheld the validity of the partnership deed, confirmed the status of the partnership firm with individuals as partners, and emphasized consistency in assessment decisions. It dismissed the Revenue's appeals, affirming the partnership's formation and rejecting the AO's attempt to reclassify the firm as an Association of Persons based on the composition of partners. The Tribunal's decision supported the firm's registered status and highlighted the significance of maintaining consistency in assessment practices, particularly in longstanding cases without material changes. Case-Laws Income Tax Mon, 26 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274795