https://www.taxtmi.com/caselaws?id=28418 The High Court ruled in favor of the assessee, granting registration to a newly constituted firm for the entire assessment year. The Court determined that the new firm was formed after the death of a partner, not as stated in the partnership deed, emphasizing the importance of oral agreements preceding formal documentation. Despite not being in existence for part of the previous year, the firm was deemed entitled to registration based on the genuine nature of the new partnership. The judgment clarified issues regarding partnership deed interpretation and entitlement to registration under the Income-tax Act. en-us Thu, 24 Jun 1982 00:00:00 +0530 Mon, 22 Feb 2010 13:12:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28418 The High Court ruled in favor of the assessee, granting registration to a newly constituted firm for the entire assessment year. The Court determined that the new firm was formed after the death of a partner, not as stated in the partnership deed, emphasizing the importance of oral agreements preceding formal documentation. Despite not being in existence for part of the previous year, the firm was deemed entitled to registration based on the genuine nature of the new partnership. The judgment clarified issues regarding partnership deed interpretation and entitlement to registration under the Income-tax Act. Case-Laws Income Tax Thu, 24 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28418