Laws / Income Tax Law / 2(43)
2(43) - partner
2(43) "partner" has the same meaning as assigned to it in the Partnership Act, 1932, and includes a person who, being a minor, has been admitted to the benefits of partnership;
Sec 4 of the Partnership Act, 1932.
Definition of "partnership", "partner", "firm" and "firm name"
4. "Partnership" is the rel...
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