https://www.taxtmi.com/caselaws?id=66038 Continuation of registration of a firm may be refused where minors admitted to partnership attain majority and the deed does not clearly and unambiguously provide the revised sharing of losses after that change in constitution. The instrument must itself specify the partners' shares with precision, and the taxing authority cannot rewrite the contract to fill gaps or supply an uncertain allocation. Non-filing of the prescribed form for change in constitution was also treated as a supporting defect. On that basis, the claim for continuation of registration failed. en-us Tue, 28 Feb 1989 00:00:00 +0530 Mon, 21 Feb 2011 10:29:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66038 Continuation of registration of a firm may be refused where minors admitted to partnership attain majority and the deed does not clearly and unambiguously provide the revised sharing of losses after that change in constitution. The instrument must itself specify the partners' shares with precision, and the taxing authority cannot rewrite the contract to fill gaps or supply an uncertain allocation. Non-filing of the prescribed form for change in constitution was also treated as a supporting defect. On that basis, the claim for continuation of registration failed. Case-Laws Income Tax Tue, 28 Feb 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66038