Multiple Partnership

Dear Raman Sir,

My general understanding says -

a) Yes, if u want to merge these 2 firms then the formalities of merger are to be performed,

b) No, just becos Partners(including their ratios) are same they dont become a single entity in the eyes of law...

c) Yes as long as they are not merged they have to file returns separately for each firm.

d) Sir, can u plz eloborate ur last question, I mean what exactly u mean by "independently without any common deed"..

If u mean retirement of C & Z - Yes it will be done independently since both r different firms.

If u r asking about merger of two firms - Single deed will be executed to give effect to merger.

Completely agree with the Amir Sir

Mr. Amir is right.

Thanks for the replies, M/sAmir, Sunil & Divya.

Why not they be treated as same entity and file single return.  Because in a partnership, in the objective clause, the partners reserve the right to carry on any other businesses if they agree upon.  Why they start a new business, they need not file separate return for that.  In this perspective, in my above question, there are two partnerships with same partners with the same profit sharing ratio but with different objectives.  Why not claim they be treated as same assessee?

Thanks

Any suggestions please?