https://www.taxtmi.com/caselaws?id=37574 The High Court affirmed the Tribunal's decision that the payments made to Laxmi Devi were rightly added back as her share of profit, even if there was no valid partnership. The Court found that the amounts were not deductible and agreed with the Income-tax Officer's decision. The Court did not address the first part of the second issue as the second part was considered academic. Additionally, as no consequential question was raised by the assessee, the Court did not provide an answer, ultimately disposing of the reference without costs. en-us Thu, 23 Feb 1978 00:00:00 +0530 Tue, 30 Mar 2010 16:29:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37574 The High Court affirmed the Tribunal's decision that the payments made to Laxmi Devi were rightly added back as her share of profit, even if there was no valid partnership. The Court found that the amounts were not deductible and agreed with the Income-tax Officer's decision. The Court did not address the first part of the second issue as the second part was considered academic. Additionally, as no consequential question was raised by the assessee, the Court did not provide an answer, ultimately disposing of the reference without costs. Case-Laws Income Tax Thu, 23 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37574