1991 (3) TMI 133

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....ollowing three questions : "(1) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was correct in law in holding that the firm got automatically dissolved on the death of Shri Phool Chandra, partner, and, thereafter, the business was carried on by a new firm consisting of the remaining three partners ? (2) Whether, on the facts and in the circumstan....

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....in respect of the period April 10, 1973, to July 1, 1973, and the other from July 1, 1973, to March 31, 1974. The assessee claimed that one of the partners, Shri Phool Chandra, died on June 27, 1973, and that, thereafter, a fresh partnership deed was executed between the remaining three partners on July 1, 1973. They also pointed out that the first partnership deed did not contain a clause that de....