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of <h1>Assessment under sections 143/144 applies to firm's current constitution; partner changes or profit-sharing shifts alter assessment basis</h1> Where, at assessment under sections 143 or 144, a firm's constitution has changed, the assessment is to be made on the firm as it exists at the time of assessment. A 'change in constitution' occurs if one or more partners cease or new partners are admitted while at least one original partner remains, or if all partners remain but their respective profit-sharing ratios change. Clause (a) does not apply when the firm is dissolved on the death of a partner.
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