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2004 (10) TMI 57 - ALLAHABAD HIGH COURTRenewal of the registration – change in constitution of firm - "1. Whether Tribunal was legally correct in holding that even if there was merely a change in the constitution of the firm within the meaning of section 187(2), the Income-tax Officer was duty bound in law to make the separate assessments in respect of the two periods and in further directing the Income-tax Officer to exclude from the assessment the income pertaining to first period? 2. Whether Tribunal was right in law in directing the Income-tax Officer to allow renewal of registration for the assessment year under consideration in respect of the previous year period from May 1, 1974, to March 2, 1975?" - We answer the first question of law in the negative, i.e., in favour of the Revenue and against the assessee, and the second question of law in the affirmative, i.e., in favour of the assessee and against the Revenue.
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