https://www.taxtmi.com/caselaws?id=20661 The Tribunal allowed the appeal, holding that the sub-partnership firm is validly constituted and entitled to registration under the Income-tax Act. The court distinguished the sub-partnership's profit-sharing from the liquor business, finding it legal under the Rajasthan Excise Act. The firm complied with all registration conditions and was deemed genuine. The decision favored the assessee, granting registration to the sub-partnership firm, Sujankhan Laloo Khan, against the Revenue's objections. en-us Thu, 22 Nov 1990 00:00:00 +0530 Mon, 16 Nov 2009 13:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20661 The Tribunal allowed the appeal, holding that the sub-partnership firm is validly constituted and entitled to registration under the Income-tax Act. The court distinguished the sub-partnership's profit-sharing from the liquor business, finding it legal under the Rajasthan Excise Act. The firm complied with all registration conditions and was deemed genuine. The decision favored the assessee, granting registration to the sub-partnership firm, Sujankhan Laloo Khan, against the Revenue's objections. Case-Laws Income Tax Thu, 22 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20661