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1988 (5) TMI 7 - HC - Income TaxExtract: .......p Act, the firm was dissolved on the death of one of its partners. In such a situation, section 187(2) has no application. (CIT v. Assumal Veerumal 1988 170 ITR 489 (Raj)). Consequently, this reference has to be answered in the affirmative, against the Revenue and in favour of the assessee by holding that the Tribunal s view is justified. No costs.
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