https://www.taxtmi.com/caselaws?id=24806 The proviso inserted in section 187(2) of the Income-tax Act, 1961, with retrospective effect from 1 April 1975, means that where a firm is dissolved on the death of a partner and there is no contract to the contrary, section 187 does not apply. The firm must then be assessed separately for the period before the partner's death and the period after the new partnership deed is executed, rather than through one composite assessment. On that basis, the direction to make two separate assessments was held correct, and the reference was answered against the Revenue. en-us Thu, 14 Jul 1988 00:00:00 +0530 Fri, 22 Jan 2010 15:11:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24806 The proviso inserted in section 187(2) of the Income-tax Act, 1961, with retrospective effect from 1 April 1975, means that where a firm is dissolved on the death of a partner and there is no contract to the contrary, section 187 does not apply. The firm must then be assessed separately for the period before the partner's death and the period after the new partnership deed is executed, rather than through one composite assessment. On that basis, the direction to make two separate assessments was held correct, and the reference was answered against the Revenue. Case-Laws Income Tax Thu, 14 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24806