https://www.taxtmi.com/caselaws?id=24063 A coparcener of a Hindu undivided family may validly enter into partnership with the karta if the arrangement is genuine and the coparcener contributes labour and skill, even without contributing separate capital. On those facts, the partnership was treated as legally valid and genuine. As the partnership stood upheld, the basis for cancelling registration under section 186(1) of the Income-tax Act, 1961, failed, and the cancellation order could not be sustained. The reference was answered in favour of the assessee on both issues, confirming the validity of the partnership and rejecting cancellation of registration. en-us Tue, 24 Jan 1989 00:00:00 +0530 Sat, 16 Jan 2010 13:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24063 A coparcener of a Hindu undivided family may validly enter into partnership with the karta if the arrangement is genuine and the coparcener contributes labour and skill, even without contributing separate capital. On those facts, the partnership was treated as legally valid and genuine. As the partnership stood upheld, the basis for cancelling registration under section 186(1) of the Income-tax Act, 1961, failed, and the cancellation order could not be sustained. The reference was answered in favour of the assessee on both issues, confirming the validity of the partnership and rejecting cancellation of registration. Case-Laws Income Tax Tue, 24 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24063