https://www.taxtmi.com/caselaws?id=18304 The court ruled in favor of the assessee, upholding the validity of the partnership agreement for registration under the Income-tax Act, 1961. The court emphasized that including employees as partners did not invalidate the partnership, as the law allows such arrangements. It found that the partnership deed met the requirements under the Partnership Act, and employees could act as agents for the firm's business purposes. The court rejected the Revenue's arguments and affirmed the Tribunal's decision to grant registration to the assessee-firm, emphasizing the legality of the partnership structure. en-us Wed, 07 Feb 1996 00:00:00 +0530 Wed, 30 Sep 2009 11:16:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18304 The court ruled in favor of the assessee, upholding the validity of the partnership agreement for registration under the Income-tax Act, 1961. The court emphasized that including employees as partners did not invalidate the partnership, as the law allows such arrangements. It found that the partnership deed met the requirements under the Partnership Act, and employees could act as agents for the firm's business purposes. The court rejected the Revenue's arguments and affirmed the Tribunal's decision to grant registration to the assessee-firm, emphasizing the legality of the partnership structure. Case-Laws Income Tax Wed, 07 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18304