https://www.taxtmi.com/caselaws?id=193022 Registration under section 26A required an operative instrument of partnership that created the firm and specified the partners' shares for the relevant accounting year. A deed executed only after the close of the previous year, even if it recorded an earlier oral arrangement, could not satisfy that requirement because the instrument had to exist and govern profit-sharing at or before the start of the accounting period. The statutory scheme, rules, and application form were read consistently to that effect. On that construction, the firm was not entitled to registration for the year in question. en-us Fri, 26 Aug 1955 00:00:00 +0530 Sat, 08 Jul 2017 17:43:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193022 Registration under section 26A required an operative instrument of partnership that created the firm and specified the partners' shares for the relevant accounting year. A deed executed only after the close of the previous year, even if it recorded an earlier oral arrangement, could not satisfy that requirement because the instrument had to exist and govern profit-sharing at or before the start of the accounting period. The statutory scheme, rules, and application form were read consistently to that effect. On that construction, the firm was not entitled to registration for the year in question. Case-Laws Income Tax Fri, 26 Aug 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193022