Section – 187 : Change in constitution of a firm
March 6, 2018
Section – 188A : Joint and several liability of partners for tax payable by firm
March 6, 2018

Section – 188 : Succession of one firm by another firm

188. Where a firm carrying on a business or profession is succeeded by another firm, and the case is not one covered by section 187, separate assessments shall be made on the predecessor firm and the successor firm in accordance with the provisions of section 170.

Leave a Reply

Your email address will not be published. Required fields are marked *

+ 36 = 42

HostBooks has been featured in






Want to know more about HostBooks?

We’ll help you out!






2 + 6 =