1969 (8) TMI 26

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....ax Act, 1961, hereinafter called " the Act." The question of law referred to this court reads: "Whether, on the facts and in the circumstances of the case, was the assessee-firm correctly assessed to tax for the assessment year 1963-64 in the status of an unregistered firm? " In our opinion, the question of law that arises out of the order of the Tribunal is: "Whether the registration of the f....

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....f assessment under section 144. That order was served on the assessee on March 12, 1964. On the said date, viz., March 12, 1964, the assessee filed a return of its income for the assessment year 1963-64. It is relevant to state that the Income-tax Officer while making the best judgment assessment under section 144 of the Act assessed the firm in the status of an unregistered firm. Against the orde....

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....ast the question since the question of law that arises out of the order of the Tribunal is whether the registration granted to the firm for the assessment year 1962-63 shall have effect for the subsequent year, viz., assessment year 1963-64, on the facts and in the circumstances of the case. The Act of 1961 has made a change in regard to the registration of firms for subsequent years. Under the p....