https://www.taxtmi.com/caselaws?id=21851 A partnership firm is not invalid merely because one partner signs or acts in a dual capacity, where the CBDT has issued a circular stating that such execution does not affect the firm's constitution. The High Court held that income-tax authorities are bound by binding CBDT circulars and cannot disregard them while considering registration issues. On that basis, the proposed cancellation of the firm's registration could not be sustained, and the notice was quashed. en-us Mon, 13 Jan 1992 00:00:00 +0530 Wed, 02 Dec 2009 12:03:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21851 A partnership firm is not invalid merely because one partner signs or acts in a dual capacity, where the CBDT has issued a circular stating that such execution does not affect the firm's constitution. The High Court held that income-tax authorities are bound by binding CBDT circulars and cannot disregard them while considering registration issues. On that basis, the proposed cancellation of the firm's registration could not be sustained, and the notice was quashed. Case-Laws Income Tax Mon, 13 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21851