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COMMISSIONER OF INCOME-TAX versus GORAKHPUR SHAMIANA HOUSE


In the constitution or succession agreement, the firm will not dissolve the firm on the death of the participant in which the firm will survive the death of the partner and continue the new partnership work to acquire all the assets of the old firm. The formal process for this has not been dissolved, and the firm's registrar has not been notified. Work is underway through the new firm, setting up an old bank account. The Indian Income Tax Act, 1961, Sections 187 (2) and 188 before and after the death of the partner

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