https://www.taxtmi.com/caselaws?id=285716 Account entries contemporaneous with executed partnership deeds can effect a partition of a family business as a going concern and constitute the members as partners; registered partnership deeds together with books of account supply sufficient legal and evidentiary basis to establish disruption of joint family status and creation of a partnership entitled to registration under Section 26A. The absence of immediate endorsement of securities, separate creditor notices, reexecution of bank documents, or continued operational formalities does not, without more, negate the legal effect of the accounting entries and registration as notice. en-us Mon, 22 Feb 1954 00:00:00 +0530 Thu, 23 Jan 2020 11:35:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285716 Account entries contemporaneous with executed partnership deeds can effect a partition of a family business as a going concern and constitute the members as partners; registered partnership deeds together with books of account supply sufficient legal and evidentiary basis to establish disruption of joint family status and creation of a partnership entitled to registration under Section 26A. The absence of immediate endorsement of securities, separate creditor notices, reexecution of bank documents, or continued operational formalities does not, without more, negate the legal effect of the accounting entries and registration as notice. Case-Laws Income Tax Mon, 22 Feb 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285716