https://www.taxtmi.com/caselaws?id=26387 The High Court held in favor of the assessee-firm, allowing registration for the assessment year 1976-77 despite the partnership deed being executed after the accounting year. The court emphasized that the deed's execution within the accounting year was not mandatory under the Income-tax Act, 1961, as long as the firm's genuineness and constitution were verified. The Tribunal's decision was overturned, and the High Court granted a certificate for appeal to the Supreme Court due to conflicting judicial opinions on the matter. The issue of continuation of registration up to December 15, 1975, was not addressed as it became irrelevant. en-us Mon, 27 Jan 1986 00:00:00 +0530 Thu, 04 Feb 2010 16:22:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26387 The High Court held in favor of the assessee-firm, allowing registration for the assessment year 1976-77 despite the partnership deed being executed after the accounting year. The court emphasized that the deed's execution within the accounting year was not mandatory under the Income-tax Act, 1961, as long as the firm's genuineness and constitution were verified. The Tribunal's decision was overturned, and the High Court granted a certificate for appeal to the Supreme Court due to conflicting judicial opinions on the matter. The issue of continuation of registration up to December 15, 1975, was not addressed as it became irrelevant. Case-Laws Income Tax Mon, 27 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26387