https://www.taxtmi.com/caselaws?id=62048 The applicability of Section 13(b) of the Partnership Act depended on a clear finding whether, after reconstitution of the firm, any subsequent agreement fixed the ratio for sharing profits and losses. The Tribunal noted that the earlier examination had not conclusively addressed that vital question and, in the remand posture, declined to decide the issue finally. The matter was therefore sent back to the Assessing Officer for a fresh finding on the partnership deed and related arrangements, with all contentions left open to the assessee. en-us Thu, 30 Sep 1999 00:00:00 +0530 Mon, 17 Jan 2011 18:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62048 The applicability of Section 13(b) of the Partnership Act depended on a clear finding whether, after reconstitution of the firm, any subsequent agreement fixed the ratio for sharing profits and losses. The Tribunal noted that the earlier examination had not conclusively addressed that vital question and, in the remand posture, declined to decide the issue finally. The matter was therefore sent back to the Assessing Officer for a fresh finding on the partnership deed and related arrangements, with all contentions left open to the assessee. Case-Laws Income Tax Thu, 30 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62048