1985 (7) TMI 197

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.... The only point raised in this appeal is regarding the framing of one assessment for the entire period. The AAC has held that is a case of succession under s. 188 and not change of constitution under s. 187. 2. The facts of the case are as below. There was a firm consisting of two partners namely Shri D.M. Kasture and Shri S.M. Kasture with 20 per cent and 80 per cent respectively. The accounti....

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....orders of the authorities below and also submitted that there is actually dissolution deed showing clearly the new firm is entirely different from the old firm. 6. On an examination of the facts, we find that it is not necessary to examine the case law relied upon by the two sides. From the partnership deed and the dissolution deed, it is clear that at the end of 30th Jun, 1980, for a short per....