https://www.taxtmi.com/caselaws?id=37083 A minor admitted only to the benefits of a partnership was not treated as a benamidar of his father where the capital originated from a gift by the maternal grandfather and the father was neither the source of the transfer nor connected with it. On those facts, the arrangement did not establish that the father remained the real partner in benami form. The minor's share income also could not be clubbed with the father's income because clubbing requires a legally relevant nexus between the assessee and the asset or transfer generating the income, and no such transfer by the father was shown. The reference was answered in favour of the assessee. en-us Thu, 04 May 1978 00:00:00 +0530 Fri, 26 Mar 2010 12:36:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37083 A minor admitted only to the benefits of a partnership was not treated as a benamidar of his father where the capital originated from a gift by the maternal grandfather and the father was neither the source of the transfer nor connected with it. On those facts, the arrangement did not establish that the father remained the real partner in benami form. The minor's share income also could not be clubbed with the father's income because clubbing requires a legally relevant nexus between the assessee and the asset or transfer generating the income, and no such transfer by the father was shown. The reference was answered in favour of the assessee. Case-Laws Income Tax Thu, 04 May 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37083