https://www.taxtmi.com/caselaws?id=56986 The Tribunal found that the CIT(A)'s decision to grant registration to the assessee-firm based on completed partner assessments was not sustainable in law. Relying on the Supreme Court's clarification in ITO v. Ch. Atchaiah, the Tribunal emphasized that under the Income-tax Act, the Assessing Officer must tax the "right person" and does not have the option to tax either the firm or its partners individually. The case was remanded to the CIT(A) to reassess the genuineness of the firm and determine if a valid partnership existed. The appeal was allowed for statistical purposes. en-us Mon, 31 Aug 1998 00:00:00 +0530 Tue, 07 Dec 2010 16:39:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56986 The Tribunal found that the CIT(A)'s decision to grant registration to the assessee-firm based on completed partner assessments was not sustainable in law. Relying on the Supreme Court's clarification in ITO v. Ch. Atchaiah, the Tribunal emphasized that under the Income-tax Act, the Assessing Officer must tax the "right person" and does not have the option to tax either the firm or its partners individually. The case was remanded to the CIT(A) to reassess the genuineness of the firm and determine if a valid partnership existed. The appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 31 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56986