https://www.taxtmi.com/caselaws?id=49450 The Supreme Court allowed the appeals, set aside the High Court's decision, directed the Tribunal to state a case on the genuineness of the partnership firm, and referred it back to the High Court. The Court found that the Tribunal's conclusion on the lack of genuineness was unreasonable and not supported by the facts presented, leading to the dismissal of three petitions for special leave. The appellant was awarded costs for both the High Court and the Supreme Court. 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 The Supreme Court allowed the appeals, set aside the High Court's decision, directed the Tribunal to state a case on the genuineness of the partnership firm, and referred it back to the High Court. The Court found that the Tribunal's conclusion on the lack of genuineness was unreasonable and not supported by the facts presented, leading to the dismissal of three petitions for special leave. The appellant was awarded costs for both the High Court and the Supreme Court. Case-Laws Income Tax Tue, 01 Nov 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49450