https://www.taxtmi.com/caselaws?id=65854 On the death of a partner and alleged reconstitution of the firm during the previous year, the issue was whether income had to be assessed separately for the two periods or clubbed in one assessment. The Tribunal followed the Full Bench ruling in Badri Narayan Kashi Prasad, holding that it was bound by the law declared by the Allahabad High Court. A contrary view from another High Court could not displace that binding precedent. Separate assessments for the two periods were therefore directed to be made, and the Revenue's objection was rejected. en-us Tue, 17 Feb 1981 00:00:00 +0530 Sat, 19 Feb 2011 09:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65854 On the death of a partner and alleged reconstitution of the firm during the previous year, the issue was whether income had to be assessed separately for the two periods or clubbed in one assessment. The Tribunal followed the Full Bench ruling in Badri Narayan Kashi Prasad, holding that it was bound by the law declared by the Allahabad High Court. A contrary view from another High Court could not displace that binding precedent. Separate assessments for the two periods were therefore directed to be made, and the Revenue's objection was rejected. Case-Laws Income Tax Tue, 17 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65854