https://www.taxtmi.com/caselaws?id=16054 The court dismissed the petition seeking registration refusal for an assessee-firm dealing in country liquor for the assessment year 1985-86. The Assessing Officer's refusal based on partners' statements was overturned by the Tribunal, emphasizing the need to confront the firm with statements before drawing adverse inferences. The court held that partners' statements under section 132(4) of the Income-tax Act were inadmissible against the firm without confrontation, leading to the dismissal of the petition as no referable question of law arose from the Tribunal's factual findings. en-us Thu, 21 Jan 1999 00:00:00 +0530 Mon, 31 Aug 2009 16:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16054 The court dismissed the petition seeking registration refusal for an assessee-firm dealing in country liquor for the assessment year 1985-86. The Assessing Officer's refusal based on partners' statements was overturned by the Tribunal, emphasizing the need to confront the firm with statements before drawing adverse inferences. The court held that partners' statements under section 132(4) of the Income-tax Act were inadmissible against the firm without confrontation, leading to the dismissal of the petition as no referable question of law arose from the Tribunal's factual findings. Case-Laws Income Tax Thu, 21 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16054