https://www.taxtmi.com/acts?id=23282 Special provision allocates liability to pay tax, interest or penalty where the taxpayer ceases as operative by death, partition, dissolution or termination of guardianship/trust. Legal representatives or successors carrying on the business become liable; if business is discontinued the estate meets liabilities to extent of assets. Members on partition, former partners on firm dissolution, and wards or beneficiaries on termination are jointly and severally liable for liabilities incurred up to the relevant event, whether those amounts are determined before or after the event. en-us Mon, 28 Nov 2016 12:18:32 +0530 Tue, 29 Nov 2016 12:18:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23282 Special provision allocates liability to pay tax, interest or penalty where the taxpayer ceases as operative by death, partition, dissolution or termination of guardianship/trust. Legal representatives or successors carrying on the business become liable; if business is discontinued the estate meets liabilities to extent of assets. Members on partition, former partners on firm dissolution, and wards or beneficiaries on termination are jointly and severally liable for liabilities incurred up to the relevant event, whether those amounts are determined before or after the event. Act-Rules Bill Mon, 28 Nov 2016 12:18:32 +0530 https://www.taxtmi.com/acts?id=23282