Admission of minors to partnership requires guardian attestation; failure may lead to registration cancellation under tax corrective procedures. Admission of minors to the benefits of a partnership must be evidenced by the minor's guardian or a person duly authorised before the partnership deed will be accepted as valid. Where practical difficulties exist for completed assessments, assessees should be allowed to provide attestations or amend deeds, failing which registration may be cancelled through appropriate tax revision or rectification procedures. For pending assessments, opportunity to amend the deed should be given and registration not refused if amendment is made.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Admission of minors to partnership requires guardian attestation; failure may lead to registration cancellation under tax corrective procedures.
Admission of minors to the benefits of a partnership must be evidenced by the minor's guardian or a person duly authorised before the partnership deed will be accepted as valid. Where practical difficulties exist for completed assessments, assessees should be allowed to provide attestations or amend deeds, failing which registration may be cancelled through appropriate tax revision or rectification procedures. For pending assessments, opportunity to amend the deed should be given and registration not refused if amendment is made.
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