https://www.taxtmi.com/caselaws?id=60960 The Tribunal upheld the CIT(A)'s decision to direct two separate assessments for distinct periods, rejecting the revenue's appeal. It clarified that the firm automatically dissolved upon the partner's death as per the amended law and absence of a continuation clause in the partnership deed, necessitating separate assessments for each period. The judgment emphasized the proviso to section 187(2) of the Income-tax Act, mandating dissolution in such circumstances, leading to the dismissal of the revenue's appeal. en-us Tue, 20 Jul 1993 00:00:00 +0530 Mon, 10 Jan 2011 11:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60960 The Tribunal upheld the CIT(A)'s decision to direct two separate assessments for distinct periods, rejecting the revenue's appeal. It clarified that the firm automatically dissolved upon the partner's death as per the amended law and absence of a continuation clause in the partnership deed, necessitating separate assessments for each period. The judgment emphasized the proviso to section 187(2) of the Income-tax Act, mandating dissolution in such circumstances, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Tue, 20 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60960