Joint and several liability attaches to partners and successors for entity tax obligations after discontinuance or reconstitution. Tax, interest and penalty attributable to a firm, association or Hindu undivided family remain assessable on discontinuance, dissolution or partition, and partners, members or coparceners at the time are jointly and severally liable for amounts due; incoming and outgoing partners remain liable for pre reconstitution liabilities. On a dealer's death, any person who continues the business or the legal representative is liable for the deceased's tax obligations, and where business is discontinued the legal representative is liable out of the estate to the extent it can meet the charge.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Joint and several liability attaches to partners and successors for entity tax obligations after discontinuance or reconstitution.
Tax, interest and penalty attributable to a firm, association or Hindu undivided family remain assessable on discontinuance, dissolution or partition, and partners, members or coparceners at the time are jointly and severally liable for amounts due; incoming and outgoing partners remain liable for pre reconstitution liabilities. On a dealer's death, any person who continues the business or the legal representative is liable for the deceased's tax obligations, and where business is discontinued the legal representative is liable out of the estate to the extent it can meet the charge.
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