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After the government publishes a reliable translated text in English through an official gazette, we will incorporate the Authentic English Text here.

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87.Assessment in case of constitution of new successor firm: 

Where, at the time of assessment on a firm, it is found that a new firm has been constituted to succeed the firm to which the assessment relates and it cannot be covered by section 86 separate assessments shall be made on the predecessor firm and the successor firm in accordance with the provisions of section 88 relating to assessment in case of succession to business.