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of <h1>New Circular: Minor's Partnership Admission Requires Guardian's Witness; Follow Allahabad HC Ruling for Assessments.</h1> The circular addresses the admission of minors to the benefits of a partnership, requiring such admission to be witnessed by a guardian or authorized person before the partnership deed is accepted. This follows a decision by the Allahabad High Court, which should be applied to both future and past assessments. The Board advises against disturbing completed assessments but suggests allowing assessees to amend deeds or make necessary attestations. If registration needs to be canceled, actions should be taken under sections 263, 154, or 186 of the Income-tax Act, 1961. Officers are instructed to follow these guidelines for pending assessments.
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