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of <h1>Partners and members remain jointly and severally liable for firm tax, interest and penalties despite discontinuance, reconstitution, dissolution or partition</h1> When a taxable firm, association of persons or Hindu Undivided Family discontinues business, tax, interest and penalties due up to that date may be assessed as if no discontinuance occurred, and every partner or member at the time remains jointly and severally liable for those liabilities whether assessed before or after discontinuance; similar joint and several liability attaches to partners or members both before and after reconstitution for liabilities arising prior to reconstitution; the same rules apply on dissolution or partition; a limited liability partnership is treated as a firm and 'court' is defined for the chapter.
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