https://www.taxtmi.com/caselaws?id=30803 The court held that the Departmental authorities were not justified in framing the assessment in the name of M/s. Sehgal Oil and General Mills as an association of persons. The Tribunal determined that the firm had dissolved upon the death of the main partner, and no business activities were conducted thereafter. The court emphasized the requirement of collective purpose among partners to form an association of persons for income generation. As such, the respondent was not considered an association of persons, ruling in favor of the assessee and against the Revenue's argument. en-us Fri, 19 May 2006 00:00:00 +0530 Wed, 24 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30803 The court held that the Departmental authorities were not justified in framing the assessment in the name of M/s. Sehgal Oil and General Mills as an association of persons. The Tribunal determined that the firm had dissolved upon the death of the main partner, and no business activities were conducted thereafter. The court emphasized the requirement of collective purpose among partners to form an association of persons for income generation. As such, the respondent was not considered an association of persons, ruling in favor of the assessee and against the Revenue's argument. Case-Laws Income Tax Fri, 19 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30803