1989 (2) TMI 53

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....nhaya Lal Ram Chand was granted registration for the assessment year 1970-71. The Revenue challenged the registration on the basis that the so-called sub-partnership was not genuine. Ultimately, the matter came to this court in Income-tax Reference No. 45 of 1975 and it was held that the sub-partnership between Kanhya Lal and Ram Chand was not genuine and thus was not entitled to registration. Thi....

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....(No. 2) [1989] 179 ITR 253 ), directed the Tribunal to refer the following question: "Whether, on the facts and in the circumstances of the case and in view of the opinion of the High Court in its judgment dated December 10, 1976, in Income-tax Reference No. 45 of 1975 [1979] 119 ITR 377 (P & H), the Appellate Tribunal is right in law in holding that the assessee-firm is entitled to a finding i....