M/S MANGALORE GANESH BEEDI WORKS vs. COMMISSIONER OF INCOME TAX, MYSORE
The appeals are disposed of in the above terms
C.A. No.-010547-010548 - 2011Supreme Court15 Oct 2015
Section 35ASection 37
7.
In its order passed on 14th June, 1991 the High Court held that
the firm is dissolved with effect from 6th December, 1987 and directed the
sale of its assets as a going concern to the highest bidder amongst the
partners. The relevant extract of the order passed by the High Court reads
as follows:-
“(i) The dissolved partnership
