https://www.taxtmi.com/caselaws?id=65646 The ITAT upheld the AAC's order, ruling that the partnership deed, despite the minor partner's involvement, was valid and entitled to registration under the Income-tax Act, 1961 for the assessment year 1982-83. The court found that the minor partner had the option to join the partnership upon attaining majority, making the firm genuine and meeting registration requirements. The firm was deemed legitimate, and profit allocation complied with the partnership deed, leading to the decision that the partnership was eligible for registration. en-us Thu, 03 Sep 1987 00:00:00 +0530 Fri, 18 Feb 2011 11:19:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65646 The ITAT upheld the AAC's order, ruling that the partnership deed, despite the minor partner's involvement, was valid and entitled to registration under the Income-tax Act, 1961 for the assessment year 1982-83. The court found that the minor partner had the option to join the partnership upon attaining majority, making the firm genuine and meeting registration requirements. The firm was deemed legitimate, and profit allocation complied with the partnership deed, leading to the decision that the partnership was eligible for registration. Case-Laws Income Tax Thu, 03 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65646