https://www.taxtmi.com/caselaws?id=36368 Where a partnership firm is reconstituted during the accounting year, the original firm and the reconstituted firm are treated as separate assessable entities. Renewal of registration cannot be claimed by the post-reconstitution firm on the basis of the original partnership deed without a fresh instrument, so the claim for the full assessment year failed. However, the original firm was entitled to renewal for the period up to the partner's death, because it continued to exist and carry on business during that period and had otherwise satisfied the statutory requirements. Renewal is not denied merely because the firm existed only for part of the year. en-us Wed, 06 Sep 1978 00:00:00 +0530 Mon, 22 Mar 2010 10:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36368 Where a partnership firm is reconstituted during the accounting year, the original firm and the reconstituted firm are treated as separate assessable entities. Renewal of registration cannot be claimed by the post-reconstitution firm on the basis of the original partnership deed without a fresh instrument, so the claim for the full assessment year failed. However, the original firm was entitled to renewal for the period up to the partner's death, because it continued to exist and carry on business during that period and had otherwise satisfied the statutory requirements. Renewal is not denied merely because the firm existed only for part of the year. Case-Laws Income Tax Wed, 06 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36368