https://www.taxtmi.com/caselaws?id=67741 The Tribunal ruled in favor of the assessee firm, granting registration for the assessment year 1976-77. It held that the minor partners were not benamidars as they met the partnership deed requirements and there was no evidence of them being mere namesakes. The Department failed to prove the benamidar status, emphasizing the importance of the partnership deed and proper profit-sharing. The decision underscored the necessity of fulfilling partnership laws and burden of proof in establishing the authenticity of a firm and its profit distribution. en-us Tue, 25 Mar 1980 00:00:00 +0530 Mon, 14 Mar 2011 13:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67741 The Tribunal ruled in favor of the assessee firm, granting registration for the assessment year 1976-77. It held that the minor partners were not benamidars as they met the partnership deed requirements and there was no evidence of them being mere namesakes. The Department failed to prove the benamidar status, emphasizing the importance of the partnership deed and proper profit-sharing. The decision underscored the necessity of fulfilling partnership laws and burden of proof in establishing the authenticity of a firm and its profit distribution. Case-Laws Income Tax Tue, 25 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67741