The Commissioner Of Income-Tax, ... vs Gillanders Arbuthnot & Co.Vice Versa on 27 September, 1972
mostly managing
agency business, originally consisted of four partners. By
partnership deed dated February 28, 1947, a limited company
(whose only shareholders were the four ... HELD : (1) Though at the time of the original assessment,
the partnership deed entered into by the five partners was
before the Income-tax Officer