https://www.taxtmi.com/caselaws?id=62689 The Tribunal confirmed the order directing two separate assessments for a partnership firm for distinct periods in the assessment year 1976-77. It held that the situation constituted a case of succession rather than a mere change in the constitution of the firm, supporting the decision for separate assessments based on the admission of new partners. The Tribunal distinguished relevant case law and upheld the AAC's ruling, dismissing the Revenue's appeal. en-us Sat, 19 Sep 1981 00:00:00 +0530 Fri, 21 Jan 2011 11:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62689 The Tribunal confirmed the order directing two separate assessments for a partnership firm for distinct periods in the assessment year 1976-77. It held that the situation constituted a case of succession rather than a mere change in the constitution of the firm, supporting the decision for separate assessments based on the admission of new partners. The Tribunal distinguished relevant case law and upheld the AAC's ruling, dismissing the Revenue's appeal. Case-Laws Income Tax Sat, 19 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62689