COMMISSIONER OF INCOME-TAX versus NAND LAL JAGDISH PRASAD
Firm registration registration cancellation firm, consisting of three adult partners and a minor partnership process that will provide dividends and losses among adult partners in the ratio of 20:25:30. Distributing Money and Not Participating In addition to the losses mentioned in the Partnership Act, 1932, the balance of 25 rupees in one rupee is also to be fully distributed to partners, not valid Indian Income Tax Act, 1961, section 186. (1) Cancellation of Registration
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