https://www.taxtmi.com/caselaws?id=23895 A partnership firm's reconstitution after the death of a partner and induction of a new partner was analysed under the amended section 187 of the Income-tax Act, 1961, read with the proviso inserted retrospectively from 1 April 1975. The controlling principle stated was that such a situation constitutes succession of the firm under section 188, not a mere change in constitution under section 187(2). On that basis, the earlier view treating the income as a single assessment under section 187(2) was held unsustainable, and the matter fell within section 188. en-us Fri, 15 Apr 1988 00:00:00 +0530 Fri, 15 Jan 2010 11:20:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23895 A partnership firm's reconstitution after the death of a partner and induction of a new partner was analysed under the amended section 187 of the Income-tax Act, 1961, read with the proviso inserted retrospectively from 1 April 1975. The controlling principle stated was that such a situation constitutes succession of the firm under section 188, not a mere change in constitution under section 187(2). On that basis, the earlier view treating the income as a single assessment under section 187(2) was held unsustainable, and the matter fell within section 188. Case-Laws Income Tax Fri, 15 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23895