https://www.taxtmi.com/caselaws?id=70001 The Tribunal upheld the decision to refuse registration to the appellant-firm, as it found that no genuine and valid partnership existed based on the deed dated 27-3-1981. The refusal was due to the conclusion that Smt. M.K. Rajalakshmi was only a benami of her minor son, resulting in a partnership with only one partner, which did not meet legal requirements. The appeal was dismissed as the partnership failed to comply with the Indian Partnership Act and the Income-tax Act, 1961. en-us Mon, 17 Dec 1990 00:00:00 +0530 Wed, 13 Apr 2011 13:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70001 The Tribunal upheld the decision to refuse registration to the appellant-firm, as it found that no genuine and valid partnership existed based on the deed dated 27-3-1981. The refusal was due to the conclusion that Smt. M.K. Rajalakshmi was only a benami of her minor son, resulting in a partnership with only one partner, which did not meet legal requirements. The appeal was dismissed as the partnership failed to comply with the Indian Partnership Act and the Income-tax Act, 1961. Case-Laws Income Tax Mon, 17 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70001