https://www.taxtmi.com/caselaws?id=49648 Proper construction of a partnership deed must be based on the instrument read with surrounding circumstances to identify the true relation between the parties. Here, the deed and conduct showed that the business was to be carried on jointly by Steels, Burma and Ellermans, so Burma was not a mere confirming party but a real partner. Because the firm included a third partner, registration under section 26A of the Indian Income-tax Act, 1922 required an application signed by all partners and stating each partner's share. An application signed only by Steels and Ellermans therefore did not satisfy the statutory requirements. en-us Fri, 17 May 1957 00:00:00 +0530 Mon, 08 Sep 2014 08:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49648 Proper construction of a partnership deed must be based on the instrument read with surrounding circumstances to identify the true relation between the parties. Here, the deed and conduct showed that the business was to be carried on jointly by Steels, Burma and Ellermans, so Burma was not a mere confirming party but a real partner. Because the firm included a third partner, registration under section 26A of the Indian Income-tax Act, 1922 required an application signed by all partners and stating each partner's share. An application signed only by Steels and Ellermans therefore did not satisfy the statutory requirements. Case-Laws Income Tax Fri, 17 May 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49648