https://www.taxtmi.com/caselaws?id=38649 The High Court of Bombay ruled that a partnership firm was not entitled to registration renewal for the assessment year 1962-63 due to the absence of a written deed reflecting revised profit-sharing ratios among surviving partners after the death of one partner. The Court upheld the Tribunal's decision, emphasizing the necessity of a partnership agreement for registration eligibility under section 184(7) of the Income-tax Act, 1961. The assessee was directed to bear the costs, and the decision favored the revenue. en-us Wed, 21 Jul 1976 00:00:00 +0530 Thu, 08 Apr 2010 10:21:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38649 The High Court of Bombay ruled that a partnership firm was not entitled to registration renewal for the assessment year 1962-63 due to the absence of a written deed reflecting revised profit-sharing ratios among surviving partners after the death of one partner. The Court upheld the Tribunal's decision, emphasizing the necessity of a partnership agreement for registration eligibility under section 184(7) of the Income-tax Act, 1961. The assessee was directed to bear the costs, and the decision favored the revenue. Case-Laws Income Tax Wed, 21 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38649