https://www.taxtmi.com/caselaws?id=8749 A partnership under section 4 of the Partnership Act, 1932 requires an agreement between the persons concerned, an agreement to share profits, and business carried on by all or any of them acting for all. A government-controlled distribution arrangement, where members are selected by Government, work is regulated by Government, and the nominee has no independent volition, does not by itself create a partnership. Mere division of net profits is insufficient without agreement or mutual agency inter se, so such a group cannot be treated as an unregistered firm for tax assessment. en-us Thu, 05 Oct 1972 00:00:00 +0530 Wed, 03 Jun 2009 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8749 A partnership under section 4 of the Partnership Act, 1932 requires an agreement between the persons concerned, an agreement to share profits, and business carried on by all or any of them acting for all. A government-controlled distribution arrangement, where members are selected by Government, work is regulated by Government, and the nominee has no independent volition, does not by itself create a partnership. Mere division of net profits is insufficient without agreement or mutual agency inter se, so such a group cannot be treated as an unregistered firm for tax assessment. Case-Laws Income Tax Thu, 05 Oct 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8749