1981 (9) TMI 178

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..... one return was filed from Diwali 1976 to7th July, 1977and the other for the period thereafter till Diwali of 1977. On the death of Ram Charan the remaining three partners carried on the business of the firm. It was claimed that two assessments should be made. But the ITO held that there was only a change in the constitution of the firm and, therefore, be made one single assessment. 2. As regard .....

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..... action. 4. The department is aggrieved by these orders of the AAC. In one appeal the ground is that the AAC erred in holding that the old firm stood dissolved and a new firm came into existence and, therefore, the income for the first period should be excluded. I have perused the partnership deed. On page 11 of the paper book is the relevant partnership deed dt.20th June, 1975. The partnership w .....

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