https://www.taxtmi.com/caselaws?id=64113 The Tribunal held that the formation of a new partnership after the death of a partner constituted a dissolution of the old firm and the creation of a new partnership. Therefore, two separate assessments were to be made for the two periods, rather than taxing the income as a single unit. The decision was based on a detailed analysis of the deed of partnership and the circumstances surrounding the formation of the new partnership. en-us Wed, 25 May 1977 00:00:00 +0530 Thu, 03 Feb 2011 18:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64113 The Tribunal held that the formation of a new partnership after the death of a partner constituted a dissolution of the old firm and the creation of a new partnership. Therefore, two separate assessments were to be made for the two periods, rather than taxing the income as a single unit. The decision was based on a detailed analysis of the deed of partnership and the circumstances surrounding the formation of the new partnership. Case-Laws Income Tax Wed, 25 May 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64113