https://www.taxtmi.com/caselaws?id=36163 The court held that a valid partnership could exist between a Hindu Undivided Family (HUF) karta and his undivided son, even if the son did not contribute separate capital but provided skill and labor. The court emphasized that under the Indian Partnership Act, contributions of skill and labor are sufficient consideration for a partnership. Regarding registration under the Income-tax Act, the court stated that if the partnership is genuine, the assessee would be entitled to registration for the relevant assessment year. The Tribunal was tasked with determining the genuineness of the partnership for further proceedings. en-us Mon, 13 Oct 1980 00:00:00 +0530 Fri, 19 Mar 2010 16:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36163 The court held that a valid partnership could exist between a Hindu Undivided Family (HUF) karta and his undivided son, even if the son did not contribute separate capital but provided skill and labor. The court emphasized that under the Indian Partnership Act, contributions of skill and labor are sufficient consideration for a partnership. Regarding registration under the Income-tax Act, the court stated that if the partnership is genuine, the assessee would be entitled to registration for the relevant assessment year. The Tribunal was tasked with determining the genuineness of the partnership for further proceedings. Case-Laws Income Tax Mon, 13 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36163