https://www.taxtmi.com/caselaws?id=57571 The Tribunal determined that there was no dissolution of the firm but only a change in its constitution following the death of a partner, leading to a consensus among surviving partners to continue the same firm. As a result, section 187(1) of the Income-tax Act applied, requiring a single assessment for the entire previous year. The appeal by the assessee was dismissed, upholding the assessment made by the Income-tax Officer, clarifying the distinction between firm constitution changes and succession, emphasizing the significance of partner consensus and partnership deed interpretation in applying tax provisions. en-us Wed, 22 Sep 1993 00:00:00 +0530 Fri, 10 Dec 2010 18:16:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57571 The Tribunal determined that there was no dissolution of the firm but only a change in its constitution following the death of a partner, leading to a consensus among surviving partners to continue the same firm. As a result, section 187(1) of the Income-tax Act applied, requiring a single assessment for the entire previous year. The appeal by the assessee was dismissed, upholding the assessment made by the Income-tax Officer, clarifying the distinction between firm constitution changes and succession, emphasizing the significance of partner consensus and partnership deed interpretation in applying tax provisions. Case-Laws Income Tax Wed, 22 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57571