COMMISSIONER OF INCOME TAX Vs. RAJASTHAN CONSTRUCTION COMPANY

JUDGEMENT

(1.) THE appeal has been admitted in terms of the following question :

(2.) THE assessee -firm filed return of income for the asst. yr. 1990 -91 in the status of URF. During the course of assessment proceedings under Section 143(3), the assessee filed application for registration with partnership deed on 17th Dec., 1992 and requested for condonation of delay stating reasons that the deed could not be filed on 31st March, 1990 as it remained with the Authorised Representative.

(3.) THE Tribunal has allowed the appeal considering the facts and circumstances that there is a reasonable ground for condonation of delay and delay should be condoned and registration should be allowed.