https://www.taxtmi.com/caselaws?id=24826 A partnership deed that does not contract out of section 42(c) of the Indian Partnership Act leaves the firm dissolved on the death of a partner. Where deaths of partners occur after insertion of the proviso to section 187(2) of the Income-tax Act, 1961, the situation is treated as succession of one firm by another under section 188, not as a mere change in constitution under section 187(2). The Tribunal's view that the old firm stood dissolved on each death and that separate assessments were required for the broken periods was upheld, and the matter was decided in favour of the assessee. en-us Mon, 01 Aug 1988 00:00:00 +0530 Fri, 22 Jan 2010 16:17:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24826 A partnership deed that does not contract out of section 42(c) of the Indian Partnership Act leaves the firm dissolved on the death of a partner. Where deaths of partners occur after insertion of the proviso to section 187(2) of the Income-tax Act, 1961, the situation is treated as succession of one firm by another under section 188, not as a mere change in constitution under section 187(2). The Tribunal's view that the old firm stood dissolved on each death and that separate assessments were required for the broken periods was upheld, and the matter was decided in favour of the assessee. Case-Laws Income Tax Mon, 01 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24826