1987 (1) TMI 64 - HC - Income Tax

Summary

The High Court upheld the decision for two separate assessments on a partnership firm before and after the death of a partner for the assessment year 1979-80. The Tribunal's decision was justified based on the proviso in section 187(2)(a) of the Income-tax Act, 1961. The court's answer to the question was affirmative, siding with the Appellate Assistant Commissioner.