https://www.taxtmi.com/caselaws?id=20790 A refusal to register a firm cannot stand where it rests entirely on an earlier Tribunal view that has since been overruled. The taxing authority had treated use of an abkari licence standing in one partner's name as an illegal transfer to the other partners, but a later Special Bench held that carrying on the firm's business on that licence did not by itself involve illegality and could not justify denial of registration on that ground alone. Because the authority made no independent examination beyond the overruled precedent, the refusal was quashed and the matter remitted for fresh consideration in light of the later decision. en-us Tue, 09 Feb 1993 00:00:00 +0530 Tue, 17 Nov 2009 12:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20790 A refusal to register a firm cannot stand where it rests entirely on an earlier Tribunal view that has since been overruled. The taxing authority had treated use of an abkari licence standing in one partner's name as an illegal transfer to the other partners, but a later Special Bench held that carrying on the firm's business on that licence did not by itself involve illegality and could not justify denial of registration on that ground alone. Because the authority made no independent examination beyond the overruled precedent, the refusal was quashed and the matter remitted for fresh consideration in light of the later decision. Case-Laws Income Tax Tue, 09 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20790