https://www.taxtmi.com/caselaws?id=21005 The High Court of BOMBAY addressed the interpretation of section 184(7) of the Income-tax Act, 1961 regarding the continuation of registration for a partnership firm despite non-compliance with the declaration requirement. The Court emphasized the importance of verifying facts and ruled in favor of the assessee, allowing the Income-tax Officer to accept the declaration beyond the specified time if sufficient cause for delay is established. The Court highlighted the liberal approach in condoning delays in filing declarations and affirmed the Tribunal's decision, ultimately ruling in favor of the assessee for the continuation of registration. en-us Fri, 05 Feb 1993 00:00:00 +0530 Wed, 18 Nov 2009 16:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21005 The High Court of BOMBAY addressed the interpretation of section 184(7) of the Income-tax Act, 1961 regarding the continuation of registration for a partnership firm despite non-compliance with the declaration requirement. The Court emphasized the importance of verifying facts and ruled in favor of the assessee, allowing the Income-tax Officer to accept the declaration beyond the specified time if sufficient cause for delay is established. The Court highlighted the liberal approach in condoning delays in filing declarations and affirmed the Tribunal's decision, ultimately ruling in favor of the assessee for the continuation of registration. Case-Laws Income Tax Fri, 05 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21005