https://www.taxtmi.com/caselaws?id=37374 The High Court held that the minor, Shivashankar, was considered a full partner in the firm based on the partnership deed, leading to the firm being ineligible for registration under the I.T. Act, 1961. The court emphasized the necessity of clear recitals in the partnership deed regarding the admission of minors to the benefits of the partnership for registration eligibility. Consequently, the firm was not entitled to registration and continuance of registration for the assessment years 1969-70 and 1970-71. en-us Fri, 09 Jun 1978 00:00:00 +0530 Mon, 29 Mar 2010 13:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37374 The High Court held that the minor, Shivashankar, was considered a full partner in the firm based on the partnership deed, leading to the firm being ineligible for registration under the I.T. Act, 1961. The court emphasized the necessity of clear recitals in the partnership deed regarding the admission of minors to the benefits of the partnership for registration eligibility. Consequently, the firm was not entitled to registration and continuance of registration for the assessment years 1969-70 and 1970-71. Case-Laws Income Tax Fri, 09 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37374