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of <h1>Section 189 makes partners jointly liable for firm's taxes and penalties after dissolution</h1> Section 189 of the Income Tax Act, 1961 addresses tax obligations when a firm dissolves or discontinues business. The Assessing Officer must assess the firm's total income as if no dissolution occurred, applying all Act provisions including penalties. Partners at the time of dissolution remain jointly and severally liable for taxes, penalties, and other amounts payable. If proceedings are ongoing during dissolution, they continue against the liable partners from the existing stage. The section empowers officers to impose penalties for violations under Chapter XXI and ensures comprehensive tax recovery despite firm dissolution.
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