https://www.taxtmi.com/caselaws?id=301597 A firm seeking registration under section 26A of the Indian Income-tax Act, 1922 had to show that it was constituted under an instrument of partnership specifying the partners' individual shares, and that the relevant instrument existed in the accounting year. An undated, unsigned draft deed was insufficient because it did not amount to an executed legal instrument creating or recording enforceable partnership rights and liabilities. Later documents could not cure the defect because they were brought into existence only after the relevant accounting year. Registration was therefore rightly refused. en-us Thu, 21 Jan 1965 00:00:00 +0530 Mon, 11 Apr 2022 18:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301597 A firm seeking registration under section 26A of the Indian Income-tax Act, 1922 had to show that it was constituted under an instrument of partnership specifying the partners' individual shares, and that the relevant instrument existed in the accounting year. An undated, unsigned draft deed was insufficient because it did not amount to an executed legal instrument creating or recording enforceable partnership rights and liabilities. Later documents could not cure the defect because they were brought into existence only after the relevant accounting year. Registration was therefore rightly refused. Case-Laws Income Tax Thu, 21 Jan 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301597