https://www.taxtmi.com/caselaws?id=71774 A partnership that had first become a proprietary concern of one partner and later reconstituted as a fresh partnership was treated as a succession, not a mere change in constitution. On the partnership deed and dissolution deed, the earlier firm was held to have come to an end, so the conditions for applying section 187 of the Income-tax Act were not met. The assessment therefore proceeded on the basis of succession under section 188, and the Revenue's challenge failed. en-us Thu, 11 Jul 1985 00:00:00 +0530 Wed, 27 Apr 2011 10:07:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71774 A partnership that had first become a proprietary concern of one partner and later reconstituted as a fresh partnership was treated as a succession, not a mere change in constitution. On the partnership deed and dissolution deed, the earlier firm was held to have come to an end, so the conditions for applying section 187 of the Income-tax Act were not met. The assessment therefore proceeded on the basis of succession under section 188, and the Revenue's challenge failed. Case-Laws Income Tax Thu, 11 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71774