https://www.taxtmi.com/caselaws?id=18090 A liquor licence treated as a personal privilege under the Abkari law could not be shared through a partnership arrangement without consent. The court construed the prohibition on sale or "other transfer" broadly, holding that any arrangement by which the licensee parts with part of the exclusive privilege in favour of others amounts to an impermissible transfer. A partnership formed to exploit the licence was therefore contrary to the Abkari Act, the Rules and public policy, and was void under the Contract Act. As a result, the arrangement was not recognised as a genuine partnership for income-tax registration. en-us Thu, 14 Mar 1996 00:00:00 +0530 Sat, 26 Sep 2009 16:41:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18090 A liquor licence treated as a personal privilege under the Abkari law could not be shared through a partnership arrangement without consent. The court construed the prohibition on sale or "other transfer" broadly, holding that any arrangement by which the licensee parts with part of the exclusive privilege in favour of others amounts to an impermissible transfer. A partnership formed to exploit the licence was therefore contrary to the Abkari Act, the Rules and public policy, and was void under the Contract Act. As a result, the arrangement was not recognised as a genuine partnership for income-tax registration. Case-Laws Income Tax Thu, 14 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18090