https://www.taxtmi.com/caselaws?id=66756 The Revenue's appeal against the AAC's orders regarding the assessment year 1981-82 was dismissed by the Appellate Tribunal. The case centered on the interpretation of the partnership deed and the dissolution of the firm following a partner's death. The Tribunal upheld the AAC's decision, ruling that the firm automatically dissolved upon the partner's death as per Section 40(c) of the Partnership Act. Separate assessments for different periods were directed, rejecting the Income Tax Officer's approach of clubbing incomes. The judgment highlights the importance of partnership deeds and legal provisions in determining a firm's status post significant changes in composition. en-us Thu, 19 Jan 1984 00:00:00 +0530 Mon, 07 Mar 2011 11:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66756 The Revenue's appeal against the AAC's orders regarding the assessment year 1981-82 was dismissed by the Appellate Tribunal. The case centered on the interpretation of the partnership deed and the dissolution of the firm following a partner's death. The Tribunal upheld the AAC's decision, ruling that the firm automatically dissolved upon the partner's death as per Section 40(c) of the Partnership Act. Separate assessments for different periods were directed, rejecting the Income Tax Officer's approach of clubbing incomes. The judgment highlights the importance of partnership deeds and legal provisions in determining a firm's status post significant changes in composition. Case-Laws Income Tax Thu, 19 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66756