https://www.taxtmi.com/caselaws?id=38978 Renewal of registration under section 184(7) of the Income-tax Act, 1961 requires that the partnership instrument continue to evidence the partners' shares with sufficient certainty and that there be no change in the constitution of the firm or in those shares. Where a partner who had been a minor attains majority and the deed does not show how losses are to be apportioned after that change, the earlier loss-sharing arrangement cannot be presumed to continue. On the facts, the partnership deed did not disclose the loss-sharing basis after the minor became a major, so the requisite certainty for continued registration was absent and renewal was refused. en-us Wed, 19 May 1976 00:00:00 +0530 Sat, 10 Apr 2010 17:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38978 Renewal of registration under section 184(7) of the Income-tax Act, 1961 requires that the partnership instrument continue to evidence the partners' shares with sufficient certainty and that there be no change in the constitution of the firm or in those shares. Where a partner who had been a minor attains majority and the deed does not show how losses are to be apportioned after that change, the earlier loss-sharing arrangement cannot be presumed to continue. On the facts, the partnership deed did not disclose the loss-sharing basis after the minor became a major, so the requisite certainty for continued registration was absent and renewal was refused. Case-Laws Income Tax Wed, 19 May 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38978