https://www.taxtmi.com/caselaws?id=56672 A partnership deed must provide an ascertainable allocation of losses among the adult partners where minors are admitted only to the benefits of partnership, because minors cannot be made liable for losses. A supplementary deed produced only after a show-cause notice and found to be non-genuine could not cure the defect in the original deed for the relevant assessment years. On that basis, the defect was treated as going to the root of the firm's entitlement to registration, and cancellation of registration with withdrawal of renewal under section 186(1) was upheld. en-us Thu, 31 May 1984 00:00:00 +0530 Mon, 06 Dec 2010 12:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56672 A partnership deed must provide an ascertainable allocation of losses among the adult partners where minors are admitted only to the benefits of partnership, because minors cannot be made liable for losses. A supplementary deed produced only after a show-cause notice and found to be non-genuine could not cure the defect in the original deed for the relevant assessment years. On that basis, the defect was treated as going to the root of the firm's entitlement to registration, and cancellation of registration with withdrawal of renewal under section 186(1) was upheld. Case-Laws Income Tax Thu, 31 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56672