https://www.taxtmi.com/caselaws?id=16722 A partnership firm carrying on liquor business may be denied registration under the Income-tax Act where it is constituted by licensee partners together with non-licensee partners without permission under the liquor licensing law. The stated legal position is that, in breach of rule 7 of the Punjab Liquor Licence Rules, 1956, such an arrangement is not treated as a genuine firm for registration purposes because it conflicts with the licensing regime governing liquor vends. On that basis, registration is said to be rightly refused. en-us Tue, 30 Sep 1997 00:00:00 +0530 Wed, 09 Sep 2009 16:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16722 A partnership firm carrying on liquor business may be denied registration under the Income-tax Act where it is constituted by licensee partners together with non-licensee partners without permission under the liquor licensing law. The stated legal position is that, in breach of rule 7 of the Punjab Liquor Licence Rules, 1956, such an arrangement is not treated as a genuine firm for registration purposes because it conflicts with the licensing regime governing liquor vends. On that basis, registration is said to be rightly refused. Case-Laws Income Tax Tue, 30 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16722