https://www.taxtmi.com/caselaws?id=57386 Once the Revenue has assessed partners on their share of the firm's profits, it cannot again assess the same firm as an unregistered firm on the same income. The text states that the partners were assessed first, and the Tribunal treated that prior assessment as barring a second assessment at firm level. It also accepted departmental circulars as binding and followed authorities applying the same principle under the Income-tax Act, 1961. On that basis, assessment of the firm as an unregistered firm was held invalid and unsustainable. en-us Thu, 16 Aug 1984 00:00:00 +0530 Fri, 10 Dec 2010 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57386 Once the Revenue has assessed partners on their share of the firm's profits, it cannot again assess the same firm as an unregistered firm on the same income. The text states that the partners were assessed first, and the Tribunal treated that prior assessment as barring a second assessment at firm level. It also accepted departmental circulars as binding and followed authorities applying the same principle under the Income-tax Act, 1961. On that basis, assessment of the firm as an unregistered firm was held invalid and unsustainable. Case-Laws Income Tax Thu, 16 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57386