https://www.taxtmi.com/caselaws?id=39679 A partnership carrying on liquor business under a licence in the name of one partner was invalid for tax registration because the Madhya Pradesh Excise Rules prohibited working a liquor privilege in partnership without the Collector's written permission endorsed on the licence. A mere intimation to the Collector was insufficient, and a partnership formed in breach of that statutory bar offended section 23 of the Indian Contract Act. The liquor business therefore could not be treated as a valid partnership for registration under section 26A of the Indian Income-tax Act, 1922, although the medicines business stood on a separate footing and could still support registration. en-us Tue, 05 Dec 1972 00:00:00 +0530 Mon, 19 Apr 2010 16:23:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39679 A partnership carrying on liquor business under a licence in the name of one partner was invalid for tax registration because the Madhya Pradesh Excise Rules prohibited working a liquor privilege in partnership without the Collector's written permission endorsed on the licence. A mere intimation to the Collector was insufficient, and a partnership formed in breach of that statutory bar offended section 23 of the Indian Contract Act. The liquor business therefore could not be treated as a valid partnership for registration under section 26A of the Indian Income-tax Act, 1922, although the medicines business stood on a separate footing and could still support registration. Case-Laws Income Tax Tue, 05 Dec 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39679