https://www.taxtmi.com/caselaws?id=128426 Section 26 of the Bombay Sales Tax Act treats the transferee of an entire business as liable for unpaid tax where the transferor's tax obligation had accrued and remained unpaid at the date of transfer; prior assessment or demand notice is not a condition precedent, because tax liability arises from the charging scheme and not from recovery machinery. The provision also fastens liability to the business as transferred by the immediate transferor, so unpaid tax burden that had already attached to the business in an earlier transfer follows the business on a subsequent transfer. Liability was upheld for the accumulated unpaid burden, except for the period covered by the pre-Act ordinance regime. en-us Sat, 28 Apr 1962 00:00:00 +0530 Fri, 05 Apr 2013 14:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128426 Section 26 of the Bombay Sales Tax Act treats the transferee of an entire business as liable for unpaid tax where the transferor's tax obligation had accrued and remained unpaid at the date of transfer; prior assessment or demand notice is not a condition precedent, because tax liability arises from the charging scheme and not from recovery machinery. The provision also fastens liability to the business as transferred by the immediate transferor, so unpaid tax burden that had already attached to the business in an earlier transfer follows the business on a subsequent transfer. Liability was upheld for the accumulated unpaid burden, except for the period covered by the pre-Act ordinance regime. Case-Laws VAT and Sales Tax Sat, 28 Apr 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128426