https://www.taxtmi.com/caselaws?id=14772 Under the Tamil Nadu Agricultural Income-tax Act, 1955, a firm's assessment as a registered or unregistered firm depends on receipt of agricultural income and compliance with the statutory partnership requirements, not on the firm's ownership or holding of land. The definition of "person" expressly includes a firm, and section 17(5) contemplates assessment of both registered and unregistered firms without making land ownership a prerequisite. Section 27 governs registration by requiring a valid partnership instrument and partner shares, but does not add any requirement that the firm itself own property. The earlier view tying assessment or registration to land ownership is therefore incorrect. en-us Wed, 26 Jul 2000 00:00:00 +0530 Sat, 18 Jul 2009 15:33:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14772 Under the Tamil Nadu Agricultural Income-tax Act, 1955, a firm's assessment as a registered or unregistered firm depends on receipt of agricultural income and compliance with the statutory partnership requirements, not on the firm's ownership or holding of land. The definition of "person" expressly includes a firm, and section 17(5) contemplates assessment of both registered and unregistered firms without making land ownership a prerequisite. Section 27 governs registration by requiring a valid partnership instrument and partner shares, but does not add any requirement that the firm itself own property. The earlier view tying assessment or registration to land ownership is therefore incorrect. Case-Laws Income Tax Wed, 26 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14772