https://www.taxtmi.com/caselaws?id=286856 On a proper construction of the partnership deed, the Calcutta HC held that the assessee-firm was not entitled to registration under section 26A of the Income-tax Act, 1922. Read with the partition arrangement, the instrument showed severance of the earlier joint family status and did not establish any reunion between the father and the minor son. The recital of a joint four annas share did not define the respective shares of the father and the minor, and the deed effectively treated the minor as a partner sharing profits and losses. As the shares were not specifically defined and a minor was made a partner, registration was refused. en-us Tue, 13 Feb 1962 00:00:00 +0530 Wed, 18 Mar 2020 16:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286856 On a proper construction of the partnership deed, the Calcutta HC held that the assessee-firm was not entitled to registration under section 26A of the Income-tax Act, 1922. Read with the partition arrangement, the instrument showed severance of the earlier joint family status and did not establish any reunion between the father and the minor son. The recital of a joint four annas share did not define the respective shares of the father and the minor, and the deed effectively treated the minor as a partner sharing profits and losses. As the shares were not specifically defined and a minor was made a partner, registration was refused. Case-Laws Income Tax Tue, 13 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286856