https://www.taxtmi.com/caselaws?id=39233 A registered partnership deed that expressly provided for continuation of the firm on a partner's death displaced the ordinary rule of dissolution, and the heirs of the deceased partner were entitled only to the deceased partner's share in profits up to the end of that accounting year. Because the deed itself contemplated the death of a partner and fixed the resulting rights, the change in signatories to the renewal application did not alter the constitution of the firm or the individual shares as specified in the instrument. The prescribed form and Rule 6 were therefore complied with, and renewal of registration under section 26A of the Income-tax Act, 1922, was granted. en-us Thu, 25 Jul 1974 00:00:00 +0530 Wed, 14 Apr 2010 10:11:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39233 A registered partnership deed that expressly provided for continuation of the firm on a partner's death displaced the ordinary rule of dissolution, and the heirs of the deceased partner were entitled only to the deceased partner's share in profits up to the end of that accounting year. Because the deed itself contemplated the death of a partner and fixed the resulting rights, the change in signatories to the renewal application did not alter the constitution of the firm or the individual shares as specified in the instrument. The prescribed form and Rule 6 were therefore complied with, and renewal of registration under section 26A of the Income-tax Act, 1922, was granted. Case-Laws Income Tax Thu, 25 Jul 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39233