https://www.taxtmi.com/caselaws?id=56281 The judgment allowed the condonation of a one-day delay in filing appeals due to the Chartered Accountant's absence. The refusal of registration to the assessee firm was challenged, arguing that the trustees' involvement in losses did not impact the firm's eligibility. The court distinguished the trustees' roles as partners in the firm from their duties as trustees of the minors' trust, granting registration to the firm. The assessment should have been final, not protective, leading to a favorable outcome for the assessee in both appeals. en-us Fri, 01 Jul 1983 00:00:00 +0530 Thu, 02 Dec 2010 17:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56281 The judgment allowed the condonation of a one-day delay in filing appeals due to the Chartered Accountant's absence. The refusal of registration to the assessee firm was challenged, arguing that the trustees' involvement in losses did not impact the firm's eligibility. The court distinguished the trustees' roles as partners in the firm from their duties as trustees of the minors' trust, granting registration to the firm. The assessment should have been final, not protective, leading to a favorable outcome for the assessee in both appeals. Case-Laws Income Tax Fri, 01 Jul 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56281