1985 (12) TMI 39 - HC - Income Tax

Summary

The High Court of Madhya Pradesh held that the Tribunal was not justified in concluding that the two separate assessment orders were not erroneous. The case involved a partnership firm with a change in constitution, not succession, as per Section 187(2) of the Income-tax Act. The judgment favored the Revenue, with costs awarded to them. (Case Citation: 1985 (12) TMI 39 - MADHYA PRADESH High Court)