https://www.taxtmi.com/caselaws?id=27068 The High Court of ALLAHABAD ruled in a case concerning the exclusion of share income from a firm due to a partial partition of assets in an assessee Hindu undivided family. The Court held that the partition altered the firm's constitution, ceasing the family's partnership post-partition. It upheld the exclusion of share income and dismissed challenges to the partition's validity in later years. Emphasizing factual considerations, the Court reaffirmed the legal ramifications of a partition on tax assessments, ultimately dismissing all applications and awarding costs to the respondent. en-us Wed, 07 Nov 1984 00:00:00 +0530 Wed, 10 Feb 2010 15:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27068 The High Court of ALLAHABAD ruled in a case concerning the exclusion of share income from a firm due to a partial partition of assets in an assessee Hindu undivided family. The Court held that the partition altered the firm's constitution, ceasing the family's partnership post-partition. It upheld the exclusion of share income and dismissed challenges to the partition's validity in later years. Emphasizing factual considerations, the Court reaffirmed the legal ramifications of a partition on tax assessments, ultimately dismissing all applications and awarding costs to the respondent. Case-Laws Income Tax Wed, 07 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27068