https://www.taxtmi.com/caselaws?id=38802 Renewal of registration was denied because the partnership in substance had become a new firm during the relevant previous year, and the earlier firm had ceased to exist. The later deed executed on 29 August 1960 was treated as conclusive evidence of the actual arrangement and of the mutual rights and liabilities operating from 1 January 1959. Since a new partnership had already come into existence, renewal of registration for the old firm for assessment year 1960-61 was not available. The issue was decided against the assessee and in favour of the Revenue. en-us Fri, 09 Apr 1976 00:00:00 +0530 Fri, 09 Apr 2010 11:22:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38802 Renewal of registration was denied because the partnership in substance had become a new firm during the relevant previous year, and the earlier firm had ceased to exist. The later deed executed on 29 August 1960 was treated as conclusive evidence of the actual arrangement and of the mutual rights and liabilities operating from 1 January 1959. Since a new partnership had already come into existence, renewal of registration for the old firm for assessment year 1960-61 was not available. The issue was decided against the assessee and in favour of the Revenue. Case-Laws Income Tax Fri, 09 Apr 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38802