https://www.taxtmi.com/caselaws?id=168523 A valid partnership for income-tax registration must be constituted by at least two distinct and independent contracting persons. Where the arrangement was between an individual assessee on one side and the same assessee acting as karta of his Hindu undivided family on the other, no separate legal persons existed to form a partnership. A Hindu undivided family, as such, does not become a partner merely because its managing member executes the deed. The alleged firm therefore lacked the essential element of distinct parties in law, and registration was not admissible. en-us Tue, 02 Apr 1940 00:00:00 +0530 Wed, 11 Mar 2015 11:50:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168523 A valid partnership for income-tax registration must be constituted by at least two distinct and independent contracting persons. Where the arrangement was between an individual assessee on one side and the same assessee acting as karta of his Hindu undivided family on the other, no separate legal persons existed to form a partnership. A Hindu undivided family, as such, does not become a partner merely because its managing member executes the deed. The alleged firm therefore lacked the essential element of distinct parties in law, and registration was not admissible. Case-Laws Income Tax Tue, 02 Apr 1940 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168523