https://www.taxtmi.com/caselaws?id=28746 The High Court of Allahabad ruled in favor of the assessee, M/s. Gupta Stores, allowing separate assessments for different periods following the death of a partner, Smt. Laxmi Devi. The court determined the situation as a case of dissolution and succession, not a mere reconstitution, based on established legal principles. The court upheld the Tribunal's decision, directing the Income Tax Officer to conduct two separate assessments for the distinct periods, in line with previous court decisions. The case was certified for appeal to the Supreme Court to resolve conflicting judicial opinions on similar matters among different High Courts. en-us Thu, 16 Dec 1982 00:00:00 +0530 Thu, 25 Feb 2010 14:41:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28746 The High Court of Allahabad ruled in favor of the assessee, M/s. Gupta Stores, allowing separate assessments for different periods following the death of a partner, Smt. Laxmi Devi. The court determined the situation as a case of dissolution and succession, not a mere reconstitution, based on established legal principles. The court upheld the Tribunal's decision, directing the Income Tax Officer to conduct two separate assessments for the distinct periods, in line with previous court decisions. The case was certified for appeal to the Supreme Court to resolve conflicting judicial opinions on similar matters among different High Courts. Case-Laws Income Tax Thu, 16 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28746