https://www.taxtmi.com/caselaws?id=16776 The High Court of Allahabad ruled in favor of the assessee, upholding the validity of the partnership firm's registration for the assessment year 1976-77. The dispute arose from a partner undertaking individual contract work and declaring the income separately. The Court found that the partner had obtained implied consent from other partners for the specific contract, in line with clauses in the partnership deed. Emphasizing the importance of implied consent, the Court concluded that the firm remained genuine and eligible for registration, as evidenced by its ongoing business activities in compliance with the deed. en-us Wed, 10 Sep 1997 00:00:00 +0530 Sat, 12 Sep 2009 11:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16776 The High Court of Allahabad ruled in favor of the assessee, upholding the validity of the partnership firm's registration for the assessment year 1976-77. The dispute arose from a partner undertaking individual contract work and declaring the income separately. The Court found that the partner had obtained implied consent from other partners for the specific contract, in line with clauses in the partnership deed. Emphasizing the importance of implied consent, the Court concluded that the firm remained genuine and eligible for registration, as evidenced by its ongoing business activities in compliance with the deed. Case-Laws Income Tax Wed, 10 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16776