https://www.taxtmi.com/caselaws?id=71800 The Tribunal partly allowed the appeal, upholding the CIT(A)'s decision for two separate assessments. It determined that the firm was reconstituted rather than dissolved, emphasizing that the incomes of the two periods should not be combined for taxation purposes. The Tribunal's ruling aligned with statutory provisions and judicial precedents to ensure equitable taxation treatment. en-us Wed, 31 Jul 1991 00:00:00 +0530 Wed, 27 Apr 2011 11:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71800 The Tribunal partly allowed the appeal, upholding the CIT(A)'s decision for two separate assessments. It determined that the firm was reconstituted rather than dissolved, emphasizing that the incomes of the two periods should not be combined for taxation purposes. The Tribunal's ruling aligned with statutory provisions and judicial precedents to ensure equitable taxation treatment. Case-Laws Income Tax Wed, 31 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71800