https://www.taxtmi.com/caselaws?id=11102 The court upheld the show cause notice challenging the petitioner's liability for income-tax dues post firm dissolution. The petitioner's partnership in the dissolved firm during the relevant assessment years rendered him liable for dues. The dissolution deed transferring assets and liabilities did not absolve the petitioner of statutory liability, as statutory obligations override contractual agreements. The petition was dismissed, and any deposited amount by the petitioner was to be adjusted accordingly. en-us Wed, 17 Mar 2004 00:00:00 +0530 Fri, 31 Jul 2009 08:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11102 The court upheld the show cause notice challenging the petitioner's liability for income-tax dues post firm dissolution. The petitioner's partnership in the dissolved firm during the relevant assessment years rendered him liable for dues. The dissolution deed transferring assets and liabilities did not absolve the petitioner of statutory liability, as statutory obligations override contractual agreements. The petition was dismissed, and any deposited amount by the petitioner was to be adjusted accordingly. Case-Laws Income Tax Wed, 17 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11102