Supreme Court of India

M/s. Progressive Financers v. The Commissioner of Income Tax, Madras

Neutral citation

Reported as [1997] 2 S.C.R. 280

Bench S.C. Agrawal J.

Decided 20 February 1997

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

From the headnote

Income Tax Act 1961-S. 184-Partnership-Minor partner admitted to benefits-Application for registration-ITO to construe the instrument of partnership as a whole to ascertain the share of partners--lTO cannot reject application for registration merely 011 the ground that the deed does not specify the respective shares of the partners. The Appellant, a partnership firm consisting of five partners one of whom was a minor, applied far registratian with the Income Tax officer under Section 184 of the Income Tax Act 1961, for the assessment year 1967-68 and for renewal for the assessment years

Authorities it was built on

1966 Parekh Wadilal Jivanbhai v. Commissioner of Income Tax, M. P. Nagpur and Bhandara, Nagpur cited by 2
1964 Kylasa Sarabhiah, Bombay Cloth Shop, Secunderabad v. Commissioner of Income-tax, Andhra Pradesh cited by 1
1975 Mandyala Govindu & Co. v. Commissioner of Income Tax, Andhra Pradesh cited by 1

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