https://www.taxtmi.com/caselaws?id=276916 Registration under section 26A turned on whether the partnership deed and application truly reflected the constitution of the firm and the shares agreed among all partners. A separate benami or beneficial ownership arrangement affecting one partner's share did not, by itself, make the instrument false or unregistrable unless it formed part of the firm's own agreement. The controlling test was whether there was any agreement among all partners that the share standing in one partner's name really belonged to another; absent such a finding, registration could not be refused merely because legal and beneficial ownership diverged in respect of one share. en-us Wed, 05 Apr 1961 00:00:00 +0530 Tue, 20 Nov 2018 13:11:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276916 Registration under section 26A turned on whether the partnership deed and application truly reflected the constitution of the firm and the shares agreed among all partners. A separate benami or beneficial ownership arrangement affecting one partner's share did not, by itself, make the instrument false or unregistrable unless it formed part of the firm's own agreement. The controlling test was whether there was any agreement among all partners that the share standing in one partner's name really belonged to another; absent such a finding, registration could not be refused merely because legal and beneficial ownership diverged in respect of one share. Case-Laws Income Tax Wed, 05 Apr 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276916