If a taxable person with pending tax dues, transfers his business to another person, what would happen to the tax dues?

If a taxable person with pending tax dues, transfers his business to another person, what would happen to the tax dues? https://www.taxtmi.com/acts?id=24606 The person to whom a business is transferred shall be jointly and severally liable to pay the tax, interest or penalty due from the taxable person up to the time of such transfer, whether such dues have been determined before transfer but remained unpaid or are determined thereafter. en-us Mon, 03 Apr 2017 16:08:30 +0530 Mon, 03 Apr 2017 16:08:30 +0530 TaxTMI RSS Generator If a taxable person with pending tax dues, transfers his business to another person, what would happen to the tax dues? https://www.taxtmi.com/acts?id=24606 The person to whom a business is transferred shall be jointly and severally liable to pay the tax, interest or penalty due from the taxable person up to the time of such transfer, whether such dues have been determined before transfer but remained unpaid or are determined thereafter. Act-Rules Bills Mon, 03 Apr 2017 16:08:30 +0530 https://www.taxtmi.com/acts?id=24606