https://www.taxtmi.com/caselaws?id=21538 The partnership's registration application was initially rejected due to the inclusion of minors, which could exceed the maximum number of partners allowed. However, the Commissioner of Income-tax (Appeals) and the Tribunal ruled that minors admitted to the benefits of partnership should not be considered full partners, allowing the partnership to be eligible for registration under the Income-tax Act. The court emphasized that minors can be admitted to partnership benefits without being full partners, aligning with legal precedents and enabling the partnership to be assessed as a registered firm without exceeding the permissible partner limit. en-us Mon, 07 Oct 1991 00:00:00 +0530 Wed, 25 Nov 2009 12:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21538 The partnership's registration application was initially rejected due to the inclusion of minors, which could exceed the maximum number of partners allowed. However, the Commissioner of Income-tax (Appeals) and the Tribunal ruled that minors admitted to the benefits of partnership should not be considered full partners, allowing the partnership to be eligible for registration under the Income-tax Act. The court emphasized that minors can be admitted to partnership benefits without being full partners, aligning with legal precedents and enabling the partnership to be assessed as a registered firm without exceeding the permissible partner limit. Case-Laws Income Tax Mon, 07 Oct 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21538