https://www.taxtmi.com/caselaws?id=277084 Registration under section 26A was available only where the firm was constituted by an instrument of partnership operative during the relevant accounting period and governing the division of profits for that year. A deed executed only after the close of the accounting year could not operate retrospectively to alter tax liabilities already attached to income earned in that period. On that basis, a firm formed by oral agreement was not entitled to registration for the assessment year 1949-50 because the written partnership instrument came into existence too late. en-us Wed, 01 Jul 1953 00:00:00 +0530 Fri, 23 Nov 2018 18:41:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277084 Registration under section 26A was available only where the firm was constituted by an instrument of partnership operative during the relevant accounting period and governing the division of profits for that year. A deed executed only after the close of the accounting year could not operate retrospectively to alter tax liabilities already attached to income earned in that period. On that basis, a firm formed by oral agreement was not entitled to registration for the assessment year 1949-50 because the written partnership instrument came into existence too late. Case-Laws Income Tax Wed, 01 Jul 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277084