https://www.taxtmi.com/caselaws?id=64640 The Appellate Tribunal allowed the appeal, granting registration to the firm for the assessment year. The Tribunal considered the rectification deed, filed before the close of the accounting period, clarifying the minor's role as entitled to benefits but not liable for losses. Emphasizing the need for a reasonable interpretation of the partnership deed, the Tribunal accepted the rectification deed to rectify technical defects, ultimately ruling in favor of the assessee and validating the partnership. en-us Wed, 21 May 1980 00:00:00 +0530 Wed, 09 Feb 2011 11:20:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64640 The Appellate Tribunal allowed the appeal, granting registration to the firm for the assessment year. The Tribunal considered the rectification deed, filed before the close of the accounting period, clarifying the minor's role as entitled to benefits but not liable for losses. Emphasizing the need for a reasonable interpretation of the partnership deed, the Tribunal accepted the rectification deed to rectify technical defects, ultimately ruling in favor of the assessee and validating the partnership. Case-Laws Income Tax Wed, 21 May 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64640