https://www.taxtmi.com/caselaws?id=182551 Income receivable by a receiver was treated as assessable in the receiver's hands and recoverable in the same manner as from the person on whose behalf it was received, while the statutory scheme also preserved direct assessment or recovery from the beneficiaries. Because the demand notices were issued after the receivers had been discharged, the beneficiaries had agreed to separate shares, and the certificate records were amended by substitution of their names, the recovery certificate against the petitioner remained valid. The court also noted that liability was not confined to the person originally named as assessee and that the petitioner had not pursued the available appellate remedies under the Public Demands Recovery Act. The challenge therefore failed. en-us Thu, 28 Nov 1957 00:00:00 +0530 Fri, 13 May 2016 10:56:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182551 Income receivable by a receiver was treated as assessable in the receiver's hands and recoverable in the same manner as from the person on whose behalf it was received, while the statutory scheme also preserved direct assessment or recovery from the beneficiaries. Because the demand notices were issued after the receivers had been discharged, the beneficiaries had agreed to separate shares, and the certificate records were amended by substitution of their names, the recovery certificate against the petitioner remained valid. The court also noted that liability was not confined to the person originally named as assessee and that the petitioner had not pursued the available appellate remedies under the Public Demands Recovery Act. The challenge therefore failed. Case-Laws Income Tax Thu, 28 Nov 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182551