https://www.taxtmi.com/caselaws?id=27057 The High Court held that the non-contribution of capital by a partner was not fatal to the genuineness of the partnership. The Court emphasized that other partnership terms and the commitment shown through profit-sharing indicated a valid partnership. Therefore, the partnership was deemed genuine and entitled to registration for the assessment year in question. en-us Fri, 13 Sep 1985 00:00:00 +0530 Wed, 10 Feb 2010 15:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27057 The High Court held that the non-contribution of capital by a partner was not fatal to the genuineness of the partnership. The Court emphasized that other partnership terms and the commitment shown through profit-sharing indicated a valid partnership. Therefore, the partnership was deemed genuine and entitled to registration for the assessment year in question. Case-Laws Income Tax Fri, 13 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27057