https://www.taxtmi.com/caselaws?id=21883 A firm engaged in liquor business was entitled to registration under the Income-tax Act where the partnership was genuine and the excise law did not prohibit admission of a partner. The mere fact that the liquor licence stood in the name of one partner did not bar registration, because there was no letting, assignment, or transfer of the licence, and the relevant excise rules did not require all partners to be named on the licence. The Tribunal was therefore correct in directing grant of registration, and the assessee's claim was upheld. en-us Fri, 22 Nov 1991 00:00:00 +0530 Wed, 02 Dec 2009 18:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21883 A firm engaged in liquor business was entitled to registration under the Income-tax Act where the partnership was genuine and the excise law did not prohibit admission of a partner. The mere fact that the liquor licence stood in the name of one partner did not bar registration, because there was no letting, assignment, or transfer of the licence, and the relevant excise rules did not require all partners to be named on the licence. The Tribunal was therefore correct in directing grant of registration, and the assessee's claim was upheld. Case-Laws Income Tax Fri, 22 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21883