https://www.taxtmi.com/caselaws?id=7558 The court held that a valid partnership could exist between a Hindu joint family represented by its karta and a coparcener without a prior partition of family assets. The Tribunal's requirement for a partition before forming the partnership was deemed incorrect. The court directed the Tribunal to reassess the appeal, considering both the genuineness and legality of the partnership. It concluded that there was no legal barrier to forming such a partnership and instructed the Tribunal to decide the matter accordingly. No costs were awarded in this case. en-us Tue, 11 Mar 1969 00:00:00 +0530 Wed, 25 Feb 2009 19:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7558 The court held that a valid partnership could exist between a Hindu joint family represented by its karta and a coparcener without a prior partition of family assets. The Tribunal's requirement for a partition before forming the partnership was deemed incorrect. The court directed the Tribunal to reassess the appeal, considering both the genuineness and legality of the partnership. It concluded that there was no legal barrier to forming such a partnership and instructed the Tribunal to decide the matter accordingly. No costs were awarded in this case. Case-Laws Income Tax Tue, 11 Mar 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7558