https://www.taxtmi.com/caselaws?id=193445 Whether a joint family executing a written deed was carrying on a business so as to constitute a partnership for registration under section 26A was resolved by applying the co-ownership versus partnership tests: the court examined the written agreement, partitioned lettings, receipt and division of ground rents, limited management acts, incidental expenses and an isolated speculative receipt. The legal principle applied was that joint ownership, division of rental income or delegated management do not, without evidence of a common business activity conducted by the parties for all, constitute carrying on a business; outcome: no partnership and no registration entitlement. en-us Tue, 28 Oct 1958 00:00:00 +0530 Sat, 29 Jul 2017 16:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193445 Whether a joint family executing a written deed was carrying on a business so as to constitute a partnership for registration under section 26A was resolved by applying the co-ownership versus partnership tests: the court examined the written agreement, partitioned lettings, receipt and division of ground rents, limited management acts, incidental expenses and an isolated speculative receipt. The legal principle applied was that joint ownership, division of rental income or delegated management do not, without evidence of a common business activity conducted by the parties for all, constitute carrying on a business; outcome: no partnership and no registration entitlement. Case-Laws Income Tax Tue, 28 Oct 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193445