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<h1>Firm Dissolution on Partner's Death: Separate Assessments Required</h1> The High Court of Madras held that the firm was dissolved upon the partner's death, necessitating separate assessments. The Tribunal's decision favored ... Dissolution, Firm, Death The High Court of Madras ruled that there was a dissolution of the firm upon the death of a partner, requiring separate assessments for the periods before and after the partner's death. The Tribunal's decision was upheld in favor of the assessee, as the retrospective amendment to the Income-tax Act did not apply to the case.