https://www.taxtmi.com/caselaws?id=39285 The High Court held that Messrs. Venkata Narasimha Rao & Co. and Messrs. Raja Fertilisers should be treated as one firm for tax assessment purposes. The court emphasized that firms have no legal existence apart from their partners and that identical partners in two firms essentially constitute one firm in law. The decision favored the revenue, with no costs awarded and an advocate's fee set at Rs. 250. en-us Fri, 25 Apr 1975 00:00:00 +0530 Thu, 15 Apr 2010 12:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39285 The High Court held that Messrs. Venkata Narasimha Rao & Co. and Messrs. Raja Fertilisers should be treated as one firm for tax assessment purposes. The court emphasized that firms have no legal existence apart from their partners and that identical partners in two firms essentially constitute one firm in law. The decision favored the revenue, with no costs awarded and an advocate's fee set at Rs. 250. Case-Laws Income Tax Fri, 25 Apr 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39285