https://www.taxtmi.com/caselaws?id=23821 The court held that there was a change in the constitution of the firm, not a succession, for assessment purposes under sections 187(2) and 188 of the Income-tax Act, 1961. Following the Supreme Court's precedent, a single assessment was deemed appropriate, with income before and after the change being clubbed together. The decision was made against the Revenue, and the parties were directed to bear their own costs. en-us Thu, 31 Aug 1989 00:00:00 +0530 Thu, 14 Jan 2010 14:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23821 The court held that there was a change in the constitution of the firm, not a succession, for assessment purposes under sections 187(2) and 188 of the Income-tax Act, 1961. Following the Supreme Court's precedent, a single assessment was deemed appropriate, with income before and after the change being clubbed together. The decision was made against the Revenue, and the parties were directed to bear their own costs. Case-Laws Income Tax Thu, 31 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23821