https://www.taxtmi.com/caselaws?id=7691 Section 44 applies only on discontinuance of the firm's business, not on a mere reconstitution or change in partners; deeds transferring shares and goodwill did not by themselves show cessation, so ex-partners were not fastened with liability on that basis. Separate appeals by ex-partners against the same demand were maintainable because each, as an assessee served with notice of demand, had an independent right of challenge; the second proviso to section 30 did not apply to an unregistered firm assessed under section 44, and constructive res judicata or estoppel did not bar the later appeals. Assessment on a dissolved firm remained legally valid because the statutory machinery continued after dissolution. en-us Thu, 28 Mar 1968 00:00:00 +0530 Tue, 17 Mar 2009 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7691 Section 44 applies only on discontinuance of the firm's business, not on a mere reconstitution or change in partners; deeds transferring shares and goodwill did not by themselves show cessation, so ex-partners were not fastened with liability on that basis. Separate appeals by ex-partners against the same demand were maintainable because each, as an assessee served with notice of demand, had an independent right of challenge; the second proviso to section 30 did not apply to an unregistered firm assessed under section 44, and constructive res judicata or estoppel did not bar the later appeals. Assessment on a dissolved firm remained legally valid because the statutory machinery continued after dissolution. Case-Laws Income Tax Thu, 28 Mar 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7691