https://www.taxtmi.com/caselaws?id=179066 A minor cannot be made a partner under the Contract Act and Partnership Act, because partnership is based on contract and a minor may only be admitted to the benefits of partnership. A guardian cannot validate a minor's direct partnership status or impose partner-like liabilities on the minor. A partnership deed that treats a minor as a partner, makes him liable for losses, or otherwise departs from section 30 of the Partnership Act is not a lawful instrument of partnership for registration under section 26A of the Income-tax Act, 1922. Registration also requires strict compliance with the statutory requirement that the individual shares of the partners be specified in the deed. en-us Thu, 18 May 1961 00:00:00 +0530 Fri, 19 Feb 2016 12:39:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179066 A minor cannot be made a partner under the Contract Act and Partnership Act, because partnership is based on contract and a minor may only be admitted to the benefits of partnership. A guardian cannot validate a minor's direct partnership status or impose partner-like liabilities on the minor. A partnership deed that treats a minor as a partner, makes him liable for losses, or otherwise departs from section 30 of the Partnership Act is not a lawful instrument of partnership for registration under section 26A of the Income-tax Act, 1922. Registration also requires strict compliance with the statutory requirement that the individual shares of the partners be specified in the deed. Case-Laws Income Tax Thu, 18 May 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179066