https://www.taxtmi.com/caselaws?id=38737 A partnership is not rendered nongenuine for registration under section 26A of the Indian Income-tax Act, 1922 merely because one partner is shown as a nominee or benamidar of another. Where the deed specifies the partners' shares, the firm carries on business in accordance with the instrument, and the other statutory requirements are met, registration cannot be refused on that ground alone. A benamidar remains a real partner vis-a -vis the firm and the other partners; any beneficial ownership of another person is only an internal arrangement and does not by itself affect the legal existence of the partnership. en-us Sat, 02 Aug 1975 00:00:00 +0530 Thu, 08 Apr 2010 16:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38737 A partnership is not rendered nongenuine for registration under section 26A of the Indian Income-tax Act, 1922 merely because one partner is shown as a nominee or benamidar of another. Where the deed specifies the partners' shares, the firm carries on business in accordance with the instrument, and the other statutory requirements are met, registration cannot be refused on that ground alone. A benamidar remains a real partner vis-a -vis the firm and the other partners; any beneficial ownership of another person is only an internal arrangement and does not by itself affect the legal existence of the partnership. Case-Laws Income Tax Sat, 02 Aug 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38737