https://www.taxtmi.com/caselaws?id=19141 The Tribunal found the Commissioner's order under section 263 of the Income-tax Act, 1961 improper and directed the Income-tax Officer to treat the firm as unregistered for the assessment years 1974-75 and 1975-76. The Revenue challenged this decision, questioning the validity of the order. Additionally, concerns were raised regarding the proper distribution of profits as per the partnership deed and the genuineness of the charity fund. The case was remitted to the Income-tax Officer for further examination of the charity fund's genuineness to determine if additional proceedings would be beneficial for the Revenue. en-us Wed, 09 Nov 1994 00:00:00 +0530 Fri, 08 Jan 2016 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19141 The Tribunal found the Commissioner's order under section 263 of the Income-tax Act, 1961 improper and directed the Income-tax Officer to treat the firm as unregistered for the assessment years 1974-75 and 1975-76. The Revenue challenged this decision, questioning the validity of the order. Additionally, concerns were raised regarding the proper distribution of profits as per the partnership deed and the genuineness of the charity fund. The case was remitted to the Income-tax Officer for further examination of the charity fund's genuineness to determine if additional proceedings would be beneficial for the Revenue. Case-Laws Income Tax Wed, 09 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19141