https://www.taxtmi.com/caselaws?id=285074 The High Court ruled against the assessee-firm, Ravi Constructions, in a case involving entitlement to registration under the Income-tax Act, 1961, and the existence of a genuine partnership. The court found that the firm did not meet the essential conditions of partnership, particularly as Y. Seethayya's involvement was more akin to an assignment of contracts rather than a genuine partnership. The court emphasized the need to consider the real relationship between the parties and all relevant facts in determining partnership existence. Consequently, the court held that the firm was not entitled to registration and that a genuine partnership did not exist. en-us Fri, 17 Oct 1986 00:00:00 +0530 Tue, 24 Dec 2019 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285074 The High Court ruled against the assessee-firm, Ravi Constructions, in a case involving entitlement to registration under the Income-tax Act, 1961, and the existence of a genuine partnership. The court found that the firm did not meet the essential conditions of partnership, particularly as Y. Seethayya's involvement was more akin to an assignment of contracts rather than a genuine partnership. The court emphasized the need to consider the real relationship between the parties and all relevant facts in determining partnership existence. Consequently, the court held that the firm was not entitled to registration and that a genuine partnership did not exist. Case-Laws Income Tax Fri, 17 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285074