https://www.taxtmi.com/caselaws?id=25469 The High Court disagreed with the Tribunal's decision in an income tax case regarding the validity of a partnership deed involving minors. The Court held that guardian consent is essential for partnership validity, emphasizing it can be shown through various means beyond direct signatures. The Court criticized the Tribunal for not considering alternative evidence of consent and instructed a review of additional evidence. The judgment highlights the significance of proving guardian consent in partnership agreements through diverse evidence forms, not solely relying on signatures, and directed the Tribunal to reassess based on new information. en-us Wed, 22 Jul 1987 00:00:00 +0530 Thu, 28 Jan 2010 17:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25469 The High Court disagreed with the Tribunal's decision in an income tax case regarding the validity of a partnership deed involving minors. The Court held that guardian consent is essential for partnership validity, emphasizing it can be shown through various means beyond direct signatures. The Court criticized the Tribunal for not considering alternative evidence of consent and instructed a review of additional evidence. The judgment highlights the significance of proving guardian consent in partnership agreements through diverse evidence forms, not solely relying on signatures, and directed the Tribunal to reassess based on new information. Case-Laws Income Tax Wed, 22 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25469