https://www.taxtmi.com/caselaws?id=49607 Section 26A of the Indian Income-tax Act, 1922 requires a firm to be constituted under an instrument of partnership specifying the partners' shares, with the application made for the relevant assessment year. An oral partnership later reduced to writing may still fall within the provision, but the deed must be operative during the accounting year for which registration is claimed and must govern that year's profits. A later-executed deed cannot support registration for an earlier accounting period. On that basis, registration was unavailable where the instrument was not in force during the relevant year. en-us Wed, 15 Apr 1959 00:00:00 +0530 Fri, 04 Nov 2016 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49607 Section 26A of the Indian Income-tax Act, 1922 requires a firm to be constituted under an instrument of partnership specifying the partners' shares, with the application made for the relevant assessment year. An oral partnership later reduced to writing may still fall within the provision, but the deed must be operative during the accounting year for which registration is claimed and must govern that year's profits. A later-executed deed cannot support registration for an earlier accounting period. On that basis, registration was unavailable where the instrument was not in force during the relevant year. Case-Laws Income Tax Wed, 15 Apr 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49607