https://www.taxtmi.com/caselaws?id=59997 The Tribunal directed the ITO to grant registration to the assessee-firm, M/s. B.M.P. Engineer, for all four years, emphasizing that non-maintenance of accounts is not a disqualification for registration. Regarding profit estimation for the assessment years 1977-78, 1978-79, and 1979-80, the Tribunal stressed the need for accurate estimation based on material evidence and just principles. The appeals on registration were allowed, and the quantum of income appeals for the respective years was decided accordingly, highlighting the importance of complying with legal provisions and principles in partnership and taxation matters. en-us Tue, 16 Sep 1986 00:00:00 +0530 Mon, 03 Jan 2011 12:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59997 The Tribunal directed the ITO to grant registration to the assessee-firm, M/s. B.M.P. Engineer, for all four years, emphasizing that non-maintenance of accounts is not a disqualification for registration. Regarding profit estimation for the assessment years 1977-78, 1978-79, and 1979-80, the Tribunal stressed the need for accurate estimation based on material evidence and just principles. The appeals on registration were allowed, and the quantum of income appeals for the respective years was decided accordingly, highlighting the importance of complying with legal provisions and principles in partnership and taxation matters. Case-Laws Income Tax Tue, 16 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59997