https://www.taxtmi.com/caselaws?id=29350 The High Court of Allahabad ruled that when a minor partner attains majority and continues in a firm with no change in the partnership deed, the firm's registration remains valid under sections 184(7) and 184(2) of the Income-tax Act, 1961. The court emphasized that a minor admitted to partnership benefits is considered a partner. As the partnership deed indicated equal profit sharing among partners, including the minor post-majority, and no change in constitution or shares, the firm's registration was upheld. The court did not address the validity of canceling the assessment order without revoking the firm's registration renewal due to the favorable ruling for the assessee. en-us Wed, 07 Jul 1982 00:00:00 +0530 Fri, 12 Mar 2010 13:15:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29350 The High Court of Allahabad ruled that when a minor partner attains majority and continues in a firm with no change in the partnership deed, the firm's registration remains valid under sections 184(7) and 184(2) of the Income-tax Act, 1961. The court emphasized that a minor admitted to partnership benefits is considered a partner. As the partnership deed indicated equal profit sharing among partners, including the minor post-majority, and no change in constitution or shares, the firm's registration was upheld. The court did not address the validity of canceling the assessment order without revoking the firm's registration renewal due to the favorable ruling for the assessee. Case-Laws Income Tax Wed, 07 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29350