https://www.taxtmi.com/caselaws?id=49450 Where the Tribunal's accepted facts show that the partners contributed capital as stated, the books were not false, and the business was managed by one partner, a finding that the partnership was not genuine cannot rest on relationship evidence or suspicion alone. An inference that the wife and brother-in-law were acting under a sham arrangement, based only on non-withdrawal or partial use of profits, was treated as unsupported by proper material. On those facts, the issue was not a pure question of fact but raised a question of law under the income-tax reference provision concerning whether the firm was registrable as a genuine partnership. en-us Tue, 01 Nov 1960 00:00:00 +0530 Mon, 01 Sep 2014 21:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49450 Where the Tribunal's accepted facts show that the partners contributed capital as stated, the books were not false, and the business was managed by one partner, a finding that the partnership was not genuine cannot rest on relationship evidence or suspicion alone. An inference that the wife and brother-in-law were acting under a sham arrangement, based only on non-withdrawal or partial use of profits, was treated as unsupported by proper material. On those facts, the issue was not a pure question of fact but raised a question of law under the income-tax reference provision concerning whether the firm was registrable as a genuine partnership. Case-Laws Income Tax Tue, 01 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49450