https://www.taxtmi.com/caselaws?id=66640 The Tribunal disallowed the registration of the firm under section 185(1)(a) of the Income-tax Act, 1961. The agreement executed post-retirement, which aimed to transfer the male partner's share to a female partner with retrospective effect, was deemed invalid. The allocation of profits and losses did not align with the original partnership deed, leading to the rejection of the registration application. The Tribunal emphasized the importance of adhering to the terms of the original partnership deed for registration eligibility and upheld the Income Tax Officer's decision to refuse registration to the firm. en-us Thu, 20 Mar 1986 00:00:00 +0530 Sat, 05 Mar 2011 13:19:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66640 The Tribunal disallowed the registration of the firm under section 185(1)(a) of the Income-tax Act, 1961. The agreement executed post-retirement, which aimed to transfer the male partner's share to a female partner with retrospective effect, was deemed invalid. The allocation of profits and losses did not align with the original partnership deed, leading to the rejection of the registration application. The Tribunal emphasized the importance of adhering to the terms of the original partnership deed for registration eligibility and upheld the Income Tax Officer's decision to refuse registration to the firm. Case-Laws Income Tax Thu, 20 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66640