1998 (8) TMI 35 - HC - Income Tax

Summary

The High Court of Madras delivered a judgment related to the assessment years 1971-72 to 1973-74. The case involved the entitlement of a partnership firm to registration. The Tribunal's decision to grant registration was upheld as there was no ground to deny it. The inclusion of income from another firm did not affect the partnership firm's registration. The first question was answered in favor of the assessee, and the second question was answered in favor of the Revenue based on a Supreme Court decision.