https://www.taxtmi.com/caselaws?id=38994 A partnership was found to be non-genuine where the deed and surrounding evidence showed that the alleged partners had no real capital contribution, no meaningful role in the business, and no genuine agency inter se. Clauses placing exclusive control over employment, dismissal, and dispute resolution in one person, read with the oral evidence, supported the inference that the others were only nominal participants. Registration under section 26A was therefore refused. On that footing, the business was treated as substantially that of the former proprietor, and the individual assessee was taxed on the entire business profits rather than only a stated share. en-us Tue, 20 Jul 1976 00:00:00 +0530 Sat, 10 Apr 2010 18:05:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38994 A partnership was found to be non-genuine where the deed and surrounding evidence showed that the alleged partners had no real capital contribution, no meaningful role in the business, and no genuine agency inter se. Clauses placing exclusive control over employment, dismissal, and dispute resolution in one person, read with the oral evidence, supported the inference that the others were only nominal participants. Registration under section 26A was therefore refused. On that footing, the business was treated as substantially that of the former proprietor, and the individual assessee was taxed on the entire business profits rather than only a stated share. Case-Laws Income Tax Tue, 20 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38994