https://www.taxtmi.com/caselaws?id=27894 The High Court ruled in favor of the partnership firm, holding that it met the criteria for registration despite subsequent changes due to the compromise deed. The judgment emphasized the importance of assessing a firm's genuine status based on its operations during the relevant period and adherence to partnership deed terms for profit distribution. The court clarified that the Income Tax Officer should primarily focus on the firm's status during the relevant assessment year when considering registration, even if subsequent events impact the partnership structure. en-us Mon, 13 Feb 1984 00:00:00 +0530 Tue, 16 Feb 2010 16:44:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27894 The High Court ruled in favor of the partnership firm, holding that it met the criteria for registration despite subsequent changes due to the compromise deed. The judgment emphasized the importance of assessing a firm's genuine status based on its operations during the relevant period and adherence to partnership deed terms for profit distribution. The court clarified that the Income Tax Officer should primarily focus on the firm's status during the relevant assessment year when considering registration, even if subsequent events impact the partnership structure. Case-Laws Income Tax Mon, 13 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27894