https://www.taxtmi.com/caselaws?id=17528 The court upheld the Income-tax Appellate Tribunal's decision to deny registration to the firm, emphasizing the importance of genuine partnership, capital contribution, and adherence to partnership terms for tax benefits. The court placed the burden of proof on the assessee to establish the firm's genuine existence, ruling in favor of the Revenue and against the assessee. en-us Fri, 26 Apr 1996 00:00:00 +0530 Wed, 23 Sep 2009 11:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17528 The court upheld the Income-tax Appellate Tribunal's decision to deny registration to the firm, emphasizing the importance of genuine partnership, capital contribution, and adherence to partnership terms for tax benefits. The court placed the burden of proof on the assessee to establish the firm's genuine existence, ruling in favor of the Revenue and against the assessee. Case-Laws Income Tax Fri, 26 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17528