https://www.taxtmi.com/caselaws?id=49321 A partnership deed admitting a minor only to the benefits of partnership (excluding liability for losses and omitting the minor from the list of working partners) must be construed to effectuate conferment of benefits; where the guardian validly executes such terms to secure benefits rather than create full partnership liability, the deed is not void for incapacity and supports firm registration under section 26A of the Income-tax Act for the specified assessment years. en-us Thu, 15 Apr 1965 00:00:00 +0530 Wed, 20 Aug 2014 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49321 A partnership deed admitting a minor only to the benefits of partnership (excluding liability for losses and omitting the minor from the list of working partners) must be construed to effectuate conferment of benefits; where the guardian validly executes such terms to secure benefits rather than create full partnership liability, the deed is not void for incapacity and supports firm registration under section 26A of the Income-tax Act for the specified assessment years. Case-Laws Income Tax Thu, 15 Apr 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49321