https://www.taxtmi.com/caselaws?id=57523 The cancellation of registration of an assessee-firm by the Assessing Officer was contested based on issues regarding the partnership deed and the inclusion of a dormant partner. The CIT(A) decision, supported by the Karnataka High Court ruling, validated the partnership despite objections raised by the Department. The Tribunal upheld the registration of the firm, emphasizing the partners' profit and loss shares as per the partnership deed and relevant legal precedents. Consequently, the CIT(A)'s decision to grant registration to the firm was affirmed, and all departmental appeals were dismissed. en-us Wed, 24 Jul 1996 00:00:00 +0530 Fri, 10 Dec 2010 16:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57523 The cancellation of registration of an assessee-firm by the Assessing Officer was contested based on issues regarding the partnership deed and the inclusion of a dormant partner. The CIT(A) decision, supported by the Karnataka High Court ruling, validated the partnership despite objections raised by the Department. The Tribunal upheld the registration of the firm, emphasizing the partners' profit and loss shares as per the partnership deed and relevant legal precedents. Consequently, the CIT(A)'s decision to grant registration to the firm was affirmed, and all departmental appeals were dismissed. Case-Laws Income Tax Wed, 24 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57523