https://www.taxtmi.com/caselaws?id=38345 The High Court of Bombay ruled against the assessee, a partnership firm, in a case concerning registration under section 185 of the Income-tax Act, 1961 for the assessment year 1963-64. Despite the Tribunal's decision to allow registration based on a delayed declaration filing, the High Court emphasized strict compliance with statutory timelines and conditions. The Court held that failure to meet the requirements specified in the law would lead to the cessation of registration, rejecting arguments for equitable treatment. Consequently, the Court sided with the revenue, denying registration to the firm for the assessment year in question. en-us Wed, 23 Nov 1977 00:00:00 +0530 Mon, 05 Apr 2010 16:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38345 The High Court of Bombay ruled against the assessee, a partnership firm, in a case concerning registration under section 185 of the Income-tax Act, 1961 for the assessment year 1963-64. Despite the Tribunal's decision to allow registration based on a delayed declaration filing, the High Court emphasized strict compliance with statutory timelines and conditions. The Court held that failure to meet the requirements specified in the law would lead to the cessation of registration, rejecting arguments for equitable treatment. Consequently, the Court sided with the revenue, denying registration to the firm for the assessment year in question. Case-Laws Income Tax Wed, 23 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38345