https://www.taxtmi.com/caselaws?id=17771 The Rajasthan High Court decided to condone the delay in filing the reference application u/s 256(2) of the Income-tax Act and upheld the Income-tax Appellate Tribunal's decision to grant registration to the assessee-firm for the assessment year 1988-89. The court emphasized that the genuineness of a partnership should be assessed based on cumulative circumstances, and the Tribunal's decision in this case was deemed correct. The application for reference was rejected as no complex legal issues arose, with no costs imposed. en-us Fri, 22 Mar 1996 00:00:00 +0530 Thu, 24 Sep 2009 16:40:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17771 The Rajasthan High Court decided to condone the delay in filing the reference application u/s 256(2) of the Income-tax Act and upheld the Income-tax Appellate Tribunal's decision to grant registration to the assessee-firm for the assessment year 1988-89. The court emphasized that the genuineness of a partnership should be assessed based on cumulative circumstances, and the Tribunal's decision in this case was deemed correct. The application for reference was rejected as no complex legal issues arose, with no costs imposed. Case-Laws Income Tax Fri, 22 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17771