https://www.taxtmi.com/caselaws?id=64627 The court ruled in favor of the firm, directing the Revenue to grant registration despite the new partnership deed executed after a minor partner became a major. The judgment emphasized that the deed formalized the existing partnership dynamics and did not significantly alter the profit-sharing ratios in place since the minor partner's transition. It highlighted the importance of factual continuity in partnerships and concluded that the deed should not hinder registration based on its timing of execution. en-us Sat, 28 May 1977 00:00:00 +0530 Wed, 09 Feb 2011 10:51:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64627 The court ruled in favor of the firm, directing the Revenue to grant registration despite the new partnership deed executed after a minor partner became a major. The judgment emphasized that the deed formalized the existing partnership dynamics and did not significantly alter the profit-sharing ratios in place since the minor partner's transition. It highlighted the importance of factual continuity in partnerships and concluded that the deed should not hinder registration based on its timing of execution. Case-Laws Income Tax Sat, 28 May 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64627