https://www.taxtmi.com/caselaws?id=277161 An agreement admitting the wife as a partner was treated as a valid partnership and firm under the Indian Contract Act and the Indian Income Tax Act. The husband's reservation of management and special powers did not negate the partnership, because partners may lawfully agree that one partner controls the business. The instrument was construed as a real transaction capable of implying a combination of property, labour, or skill, and its terms were not inconsistent with a partnership relation. The arrangement was therefore assessable separately as an unregistered firm under the Super-tax Act, and the reference was answered in favour of the Revenue. en-us Tue, 04 Sep 1923 00:00:00 +0530 Tue, 27 Nov 2018 15:08:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277161 An agreement admitting the wife as a partner was treated as a valid partnership and firm under the Indian Contract Act and the Indian Income Tax Act. The husband's reservation of management and special powers did not negate the partnership, because partners may lawfully agree that one partner controls the business. The instrument was construed as a real transaction capable of implying a combination of property, labour, or skill, and its terms were not inconsistent with a partnership relation. The arrangement was therefore assessable separately as an unregistered firm under the Super-tax Act, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Tue, 04 Sep 1923 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277161