https://www.taxtmi.com/caselaws?id=25591 The court upheld the refusal of registration to the firm M/s. Harprasad Mohanlal for the assessment years 1962-63, 1963-64, 1966-67, and 1968-69. The Income-tax Officer's determination that the business was individual and not a genuine firm was supported by the Appellate Assistant Commissioner and the Tribunal. Despite the assessee's arguments, including contributions of self-acquired property to the firm, the court found the Tribunal's decision justified as no genuine firm was proven to exist during the relevant assessment years. The refusal of registration was deemed appropriate, and each party was ordered to bear their own costs. en-us Wed, 06 Aug 1986 00:00:00 +0530 Fri, 29 Jan 2010 16:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25591 The court upheld the refusal of registration to the firm M/s. Harprasad Mohanlal for the assessment years 1962-63, 1963-64, 1966-67, and 1968-69. The Income-tax Officer's determination that the business was individual and not a genuine firm was supported by the Appellate Assistant Commissioner and the Tribunal. Despite the assessee's arguments, including contributions of self-acquired property to the firm, the court found the Tribunal's decision justified as no genuine firm was proven to exist during the relevant assessment years. The refusal of registration was deemed appropriate, and each party was ordered to bear their own costs. Case-Laws Income Tax Wed, 06 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25591