https://www.taxtmi.com/caselaws?id=17441 Registration of a firm under section 27 of the Agricultural Income-tax Act, 1950 is available only where the firm is constituted under an operative instrument of partnership specifying the partners' shares and the firm actually existed in conformity with that instrument during the relevant accounting year. Where the partnership deed came into existence only after the relevant period, and no earlier instrument or proved oral partnership was shown, the statutory condition was not met. Retrospective registration cannot be granted to cure the absence of a qualifying partnership during the accounting year, on the reasoning applied by the Kerala HC with reference to the requirement analogous to section 26A of the Indian Income-tax Act, 1922. en-us Mon, 08 Jul 1996 00:00:00 +0530 Tue, 22 Sep 2009 13:48:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17441 Registration of a firm under section 27 of the Agricultural Income-tax Act, 1950 is available only where the firm is constituted under an operative instrument of partnership specifying the partners' shares and the firm actually existed in conformity with that instrument during the relevant accounting year. Where the partnership deed came into existence only after the relevant period, and no earlier instrument or proved oral partnership was shown, the statutory condition was not met. Retrospective registration cannot be granted to cure the absence of a qualifying partnership during the accounting year, on the reasoning applied by the Kerala HC with reference to the requirement analogous to section 26A of the Indian Income-tax Act, 1922. Case-Laws Income Tax Mon, 08 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17441