COMMISSIONER OF INCOME-TAX, PUNJAB vs M/S. CHANDER BHAN HARBHAJAN LAL

The Supreme Court addressed the issue of partnership under the Income-tax Act, 1922, specifically Section 66(2). The Court held that G was a partner of the assessee-firm in his individual capacity and not as a representative of the Ferozepore firm, thereby establishing that a sub-partnership can exist only if the primary partnership is validly constituted. The appeal was dismissed, affirming the lower court's ruling that the questions of law were settled and did not warrant further reference to the High Court.