https://www.taxtmi.com/caselaws?id=16319 A partnership firm formed to run a liquor business, where the licence stood in the name of one partner and the other partners were admitted without permission from the licensing authority, was treated as contrary to the Punjab liquor licence rules. Because the non-licensee partners were not shown to be excluded from the business affairs, the firm could not be regarded as a genuine firm for registration purposes under section 185(1) of the Income-tax Act, 1961. Registration and continuation of registration were therefore refused. en-us Wed, 01 Oct 1997 00:00:00 +0530 Mon, 07 Sep 2009 10:18:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16319 A partnership firm formed to run a liquor business, where the licence stood in the name of one partner and the other partners were admitted without permission from the licensing authority, was treated as contrary to the Punjab liquor licence rules. Because the non-licensee partners were not shown to be excluded from the business affairs, the firm could not be regarded as a genuine firm for registration purposes under section 185(1) of the Income-tax Act, 1961. Registration and continuation of registration were therefore refused. Case-Laws Income Tax Wed, 01 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16319