https://www.taxtmi.com/caselaws?id=25457 The High Court of Madhya Pradesh upheld the Income-tax Appellate Tribunal's decision to order separate assessments for a partnership firm following the death of a partner. The court found that the proviso added to section 187(2) of the Income-tax Act by the Taxation Laws (Amendment) Act, 1984, mandated separate assessments for the periods before and after the partner's death. The court agreed that two separate assessments were necessary under section 188 of the Act, as one firm succeeded another due to the partner's death, affirming the Tribunal's ruling. en-us Sat, 27 Jun 1987 00:00:00 +0530 Thu, 28 Jan 2010 16:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25457 The High Court of Madhya Pradesh upheld the Income-tax Appellate Tribunal's decision to order separate assessments for a partnership firm following the death of a partner. The court found that the proviso added to section 187(2) of the Income-tax Act by the Taxation Laws (Amendment) Act, 1984, mandated separate assessments for the periods before and after the partner's death. The court agreed that two separate assessments were necessary under section 188 of the Act, as one firm succeeded another due to the partner's death, affirming the Tribunal's ruling. Case-Laws Income Tax Sat, 27 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25457