https://www.taxtmi.com/caselaws?id=55754 The Tribunal upheld the decision to grant registration to the new firm but set aside the addition of the new firm's income to the old firm. The income of the new firm is required to be taxed in the hands of the old firm. The Income-tax Officer is directed to pass appropriate orders accordingly. The appeal ITA No. 2267 is allowed, and ITA No. 2268 is dismissed. en-us Wed, 28 Oct 1987 00:00:00 +0530 Mon, 29 Nov 2010 18:11:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55754 The Tribunal upheld the decision to grant registration to the new firm but set aside the addition of the new firm's income to the old firm. The income of the new firm is required to be taxed in the hands of the old firm. The Income-tax Officer is directed to pass appropriate orders accordingly. The appeal ITA No. 2267 is allowed, and ITA No. 2268 is dismissed. Case-Laws Income Tax Wed, 28 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55754