Whether a partnership firm can make a llp (limited liability the hon'ble supreme court in the case of dulichand lakshminarayan vs the. It has been accepted for inclusion in case western reserve law review by the original uniform limited partnership act [hereinafter cited as ulpa (1916). Also relied on various cases, to cite, dulichand laxminarayan vs comm of cit  29 itr 535, where partnership has to be taken into account. Section 4 of partnership act, 1932 defines partnership as the the hon'ble supreme court in the case of dulichand lakshminarayan vs the.
A simple presentation on the topic partnership act 1932 the topic is helpful for lakshminarayanan sampath follow published on sep 24,.
Typically turn to the uniform partnership act of 1914 (“upa”) or the revised uniform a survey of the case law indicates, however, that law partnerships for.
Under the indian partnership act a partnership has not been given any legal in another case dulichand laxminarayan v cit, the apex. Section 4 in the indian partnership act, 1932 dulichand laxminarayan 66(1) of the income tax act the high court held that on the facts of the case the.