What happens to the tax liability of a taxable person, whose business is carried on by any guardian / trustee or agent of a minor?

What happens to the tax liability of a taxable person, whose business is carried on by any guardian / trustee or agent of a minor? https://www.taxtmi.com/acts?id=22483 When a business liable to tax is carried on by a guardian, trustee or agent for a minor or incapacitated person, the tax, interest and penalty are levied on and recoverable from that guardian, trustee or agent who conducts the business on behalf of the minor or incapacitated person. en-us Thu, 22 Sep 2016 18:03:47 +0530 Thu, 22 Sep 2016 18:03:47 +0530 TaxTMI RSS Generator What happens to the tax liability of a taxable person, whose business is carried on by any guardian / trustee or agent of a minor? https://www.taxtmi.com/acts?id=22483 When a business liable to tax is carried on by a guardian, trustee or agent for a minor or incapacitated person, the tax, interest and penalty are levied on and recoverable from that guardian, trustee or agent who conducts the business on behalf of the minor or incapacitated person. Act-Rules Bills Thu, 22 Sep 2016 18:03:47 +0530 https://www.taxtmi.com/acts?id=22483