https://www.taxtmi.com/caselaws?id=168698 Registration under section 26A was available only if the firm was constituted by a valid partnership instrument reflecting the true shares of the real partners. The Income-tax Officer could examine whether the alleged partners were genuine and whether the deed and application disclosed the actual state of affairs. Where a shown partner was only a name-lender or had no beneficial interest in the stated share, the statutory requirements were not met and registration could be refused. On the facts stated, refusal of registration was justified and the answer was against the assessee. en-us Thu, 21 Dec 1961 00:00:00 +0530 Mon, 23 Mar 2015 16:34:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168698 Registration under section 26A was available only if the firm was constituted by a valid partnership instrument reflecting the true shares of the real partners. The Income-tax Officer could examine whether the alleged partners were genuine and whether the deed and application disclosed the actual state of affairs. Where a shown partner was only a name-lender or had no beneficial interest in the stated share, the statutory requirements were not met and registration could be refused. On the facts stated, refusal of registration was justified and the answer was against the assessee. Case-Laws Income Tax Thu, 21 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168698