1999 (12) TMI 16 - HC - Income Tax

Summary

The High Court of Allahabad ruled that in a case involving a partnership firm reconstitution due to the death of a partner, two separate assessments should be made instead of a single assessment. This decision was based on the Supreme Court's ruling in CIT v. Empire Estate [1996] 218 ITR 355. The Tribunal's order was misinterpreted, and the correct question was reframed to address this issue.