https://www.taxtmi.com/caselaws?id=18230 A major cannot be admitted merely to the benefits of a partnership under the Indian Partnership Act, 1932, because section 30 permits such an arrangement only for a minor with the consent of all partners. Section 6, read with Explanation 2, shows that receipt of profits alone does not make a person a partner, and the statutory scheme impliedly prohibits extending that status to a major. A firm constituted on that basis is not in conformity with the partnership law and therefore is not entitled to registration under the Income-tax Act. en-us Tue, 30 Jan 1996 00:00:00 +0530 Tue, 29 Sep 2009 15:58:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18230 A major cannot be admitted merely to the benefits of a partnership under the Indian Partnership Act, 1932, because section 30 permits such an arrangement only for a minor with the consent of all partners. Section 6, read with Explanation 2, shows that receipt of profits alone does not make a person a partner, and the statutory scheme impliedly prohibits extending that status to a major. A firm constituted on that basis is not in conformity with the partnership law and therefore is not entitled to registration under the Income-tax Act. Case-Laws Income Tax Tue, 30 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18230