https://www.taxtmi.com/caselaws?id=106362 The High Court ruled in favor of the assessee, holding that minors admitted to the benefits of a partnership should not be considered partners for determining the total number of partners under section 11(2) of the Companies Act, 1956. The court found that the assessee-firm was entitled to claim registration for the relevant assessment years 1975-76, 1976-77, and 1977-78, as the firm was legally constituted and met the registration requirements under the Income-tax Act. The decision aligned with established legal principles and precedents, supporting the assessee's position. en-us Thu, 06 Jun 2002 00:00:00 +0530 Tue, 13 Mar 2012 17:59:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106362 The High Court ruled in favor of the assessee, holding that minors admitted to the benefits of a partnership should not be considered partners for determining the total number of partners under section 11(2) of the Companies Act, 1956. The court found that the assessee-firm was entitled to claim registration for the relevant assessment years 1975-76, 1976-77, and 1977-78, as the firm was legally constituted and met the registration requirements under the Income-tax Act. The decision aligned with established legal principles and precedents, supporting the assessee's position. Case-Laws Income Tax Thu, 06 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106362