https://www.taxtmi.com/caselaws?id=64876 A partnership firm was treated as dissolved on the death of a partner because the deed contained no stipulation for continuance after such death, and registration was therefore maintainable only up to the date of dissolution; refusal for that limited period was unsustainable. The trading addition based on a disturbed gross profit rate was deleted because the disclosed results were supported by the nature of the business, and no material defect in the books or reliable comparable evidence justified rejection of the book results. The appeal was allowed in full, with registration recognised up to the date of dissolution and the estimated addition set aside. en-us Fri, 04 Feb 1983 00:00:00 +0530 Thu, 10 Feb 2011 17:47:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64876 A partnership firm was treated as dissolved on the death of a partner because the deed contained no stipulation for continuance after such death, and registration was therefore maintainable only up to the date of dissolution; refusal for that limited period was unsustainable. The trading addition based on a disturbed gross profit rate was deleted because the disclosed results were supported by the nature of the business, and no material defect in the books or reliable comparable evidence justified rejection of the book results. The appeal was allowed in full, with registration recognised up to the date of dissolution and the estimated addition set aside. Case-Laws Income Tax Fri, 04 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64876