https://www.taxtmi.com/caselaws?id=39305 The court determined that the changes in the firm's constitution due to partner deaths, retirements, and new admissions did not result in dissolution but rather a reconstitution, making section 187 applicable. It held that section 187 requires a single assessment on the firm for the entire income of the previous year, rejecting the need for separate assessments. Consequently, the aggregation of incomes from different partnerships for the assessment year was deemed valid, with costs awarded to the revenue. en-us Wed, 30 Jul 1975 00:00:00 +0530 Thu, 15 Apr 2010 14:05:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39305 The court determined that the changes in the firm's constitution due to partner deaths, retirements, and new admissions did not result in dissolution but rather a reconstitution, making section 187 applicable. It held that section 187 requires a single assessment on the firm for the entire income of the previous year, rejecting the need for separate assessments. Consequently, the aggregation of incomes from different partnerships for the assessment year was deemed valid, with costs awarded to the revenue. Case-Laws Income Tax Wed, 30 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39305