https://www.taxtmi.com/caselaws?id=38844 The court upheld the Tribunal's decision, ruling in favor of the assessed entity and against the department. The judgment confirmed the existence of a genuine firm with four partners as per the partnership deed, emphasizing the legality and authenticity of the partnership based on the transfer of assets and business. The court found no error of law in the Tribunal's determination and concurred with their assessment, with judges M. C. PATHAK and BAHARUL ISLAM both supporting the decision, and no costs awarded in the matter. en-us Thu, 26 Feb 1976 00:00:00 +0530 Fri, 09 Apr 2010 16:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38844 The court upheld the Tribunal's decision, ruling in favor of the assessed entity and against the department. The judgment confirmed the existence of a genuine firm with four partners as per the partnership deed, emphasizing the legality and authenticity of the partnership based on the transfer of assets and business. The court found no error of law in the Tribunal's determination and concurred with their assessment, with judges M. C. PATHAK and BAHARUL ISLAM both supporting the decision, and no costs awarded in the matter. Case-Laws Income Tax Thu, 26 Feb 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38844