1990 (7) TMI 20

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....es issued under section 16 of the Tamil Nadu Agricultural Income-tax Act, 1955, calling upon the petitioners to file a return in the prescribed form. According to the petitioners, they are not liable to Me a return under the Act because of the following circumstances. The petitioner in each case is a partnership firm. They are registered under the provisions of section 27 of the Act. The individua....

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....the petitioners also refers to section 17(5) of the Act for buttressing his argument that the firm need not Me a return under section 16 of the Act have carefully perused the above provisions of law. In my view, section 17(4) of the Act clearly indicates that even a firm is bound to file a return under section 16. What section 17(5)(a) says is that, in the case of a registered firm, the tax payabl....