https://www.taxtmi.com/caselaws?id=36173 The High Court upheld the validity of a partnership deed involving a minor partner, affirming the minor's admission to partnership benefits and the allocation of losses within the firm. The Court ruled in favor of the firm, emphasizing that the partnership deed clearly admitted the minor to the benefits of the partnership as a whole, not individual businesses. The Court also deemed the father's signature on behalf of the minor on the partnership deed as valid representation, allowing the firm's registration under the Income Tax Act. en-us Fri, 01 Dec 1978 00:00:00 +0530 Fri, 19 Mar 2010 17:31:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36173 The High Court upheld the validity of a partnership deed involving a minor partner, affirming the minor's admission to partnership benefits and the allocation of losses within the firm. The Court ruled in favor of the firm, emphasizing that the partnership deed clearly admitted the minor to the benefits of the partnership as a whole, not individual businesses. The Court also deemed the father's signature on behalf of the minor on the partnership deed as valid representation, allowing the firm's registration under the Income Tax Act. Case-Laws Income Tax Fri, 01 Dec 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36173