https://www.taxtmi.com/caselaws?id=49610 Registration under section 26A of the Indian Income-tax Act, 1922 was unavailable where two supposed partners were themselves partnership firms, because the deed and application failed to state the individual shares of the persons behind those firms as required by the statutory scheme. The record further showed that profits were credited to the firms, not to the individuals said to represent them, which supported the view that the partnership structure claimed in the application was not properly constituted for registration purposes. The requirements of section 26A and rule 2 were therefore not satisfied, and the reference to section 19(2)(h) of the Partnership Act did not cure the defect. en-us Tue, 07 Apr 1959 00:00:00 +0530 Thu, 04 Sep 2014 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49610 Registration under section 26A of the Indian Income-tax Act, 1922 was unavailable where two supposed partners were themselves partnership firms, because the deed and application failed to state the individual shares of the persons behind those firms as required by the statutory scheme. The record further showed that profits were credited to the firms, not to the individuals said to represent them, which supported the view that the partnership structure claimed in the application was not properly constituted for registration purposes. The requirements of section 26A and rule 2 were therefore not satisfied, and the reference to section 19(2)(h) of the Partnership Act did not cure the defect. Case-Laws Income Tax Tue, 07 Apr 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49610