1930 (5) TMI 13

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....firm has three partners. It is apparently a shop and it has been going on in the name of Haridas Premji. The question is with regard to the assessment of Income Tax for the year of assessment 1928-29. There is no dispute between the Income Tax authorities and the assessees us to the amount of the profits or gain; but the assessees were minded to claim to be taxed as a registered firm. Accordingly,....

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....ji and in this share I shall not raise any objection. 2. Now, the income tax officer and the Assistant Commissioner refused to register these documents upon the ground that they wore letters and multiplicity of documents and not an instrument or partnership as required by Sub-section (14), Section 2 of the Act. That point of view is conceded by the learned Advocate-General to be erroneous and i....

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....hich do not appear by themselves to have been consented to. 3. It appears to us that the reasonable, course, in which the learned Advocate-General concurs, is this; that either the junior partners should write another letter saying that the other conditions proposed by their letters to the senior partners are waived, or that the senior partner should write another letter to the junior partners ....