1987 (7) TMI 37

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....e Revenue to decide the following question of law, namely: " Whether, on the facts and in the circumstances of the case, the Tribunal was legally justified in directing the passing of two separate assessments, one for pre-change and the other for post-change period specially when the Tribunal has held that it is a case of change in the constitution of the firm within the meaning of section 187(2)....

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....this ultimate direction, the Revenue has come up in reference to this court. It is obvious that the Tribunal having held that it is a case of mere change in the constitution of the firm and not of succession, it had to logically flow from this finding that it is a case governed by section 187 of the Act and the income for the two periods had to be clubbed together for making one assessment. Obvio....