https://www.taxtmi.com/caselaws?id=36042 The High Court upheld the Tribunal's decision in a case involving the interpretation of a partnership deed and dissolution of a firm. The court affirmed the validity of two separate assessments for different periods and the genuineness of the new partnership despite profit allocation errors. It ruled in favor of the assessee, emphasizing the acceptance of the explanation for the mistake in profit allocation and the mutual agreement for dissolution of the firm. en-us Wed, 17 Oct 1979 00:00:00 +0530 Fri, 19 Mar 2010 10:41:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36042 The High Court upheld the Tribunal's decision in a case involving the interpretation of a partnership deed and dissolution of a firm. The court affirmed the validity of two separate assessments for different periods and the genuineness of the new partnership despite profit allocation errors. It ruled in favor of the assessee, emphasizing the acceptance of the explanation for the mistake in profit allocation and the mutual agreement for dissolution of the firm. Case-Laws Income Tax Wed, 17 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36042