https://www.taxtmi.com/caselaws?id=5573 The Supreme Court upheld the partnership's genuineness and validity for the assessment year 1972-73, despite a partner joining in dual capacities. The court ruled that a legal representative of a deceased partner can be admitted to the partnership by surviving partners, even if the representative is also a surviving partner. The dual signing by the partner in individual and representative capacities did not invalidate the partnership, as there was no conflict of interest. The partnership was deemed genuine and valid under the Income-tax Act, with the court dismissing the appeal and related petitions. en-us Tue, 04 Mar 1997 00:00:00 +0530 Thu, 02 Nov 2017 18:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5573 The Supreme Court upheld the partnership's genuineness and validity for the assessment year 1972-73, despite a partner joining in dual capacities. The court ruled that a legal representative of a deceased partner can be admitted to the partnership by surviving partners, even if the representative is also a surviving partner. The dual signing by the partner in individual and representative capacities did not invalidate the partnership, as there was no conflict of interest. The partnership was deemed genuine and valid under the Income-tax Act, with the court dismissing the appeal and related petitions. Case-Laws Income Tax Tue, 04 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5573