https://www.taxtmi.com/caselaws?id=49318 The court determined that for the assessment year 1950-51, the assessee was considered a firm under section 16(1)(b) of the Indian Income-tax Act, 1922. It found that a new partnership was formed between the representatives of the two families only after December 13, 1949, following the death of one of the partners. The court concluded that the Appellate Tribunal erred in its decision regarding the parties' partnership status. The appeals were dismissed, and each party was ordered to bear its own costs. en-us Fri, 26 Mar 1965 00:00:00 +0530 Wed, 14 Sep 2022 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49318 The court determined that for the assessment year 1950-51, the assessee was considered a firm under section 16(1)(b) of the Indian Income-tax Act, 1922. It found that a new partnership was formed between the representatives of the two families only after December 13, 1949, following the death of one of the partners. The court concluded that the Appellate Tribunal erred in its decision regarding the parties' partnership status. The appeals were dismissed, and each party was ordered to bear its own costs. Case-Laws Income Tax Fri, 26 Mar 1965 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49318