https://www.taxtmi.com/caselaws?id=277039 Section 44 of the Indian Income-tax Act, 1922 extended the provisions of Chapter IV to the assessment of a discontinued firm, making its partners jointly and severally liable for assessment and tax. The Kerala HC held that section 28, as a Chapter IV provision dealing with defaults connected with assessment, applied to such proceedings because the language of section 44 was broad enough to include penalty proceedings linked to the assessment process. Accordingly, section 44 authorised imposition of penalty under section 28(1) on the partners of the discontinued firm, and the petition failed. en-us Thu, 31 Oct 1957 00:00:00 +0530 Thu, 22 Nov 2018 16:26:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277039 Section 44 of the Indian Income-tax Act, 1922 extended the provisions of Chapter IV to the assessment of a discontinued firm, making its partners jointly and severally liable for assessment and tax. The Kerala HC held that section 28, as a Chapter IV provision dealing with defaults connected with assessment, applied to such proceedings because the language of section 44 was broad enough to include penalty proceedings linked to the assessment process. Accordingly, section 44 authorised imposition of penalty under section 28(1) on the partners of the discontinued firm, and the petition failed. Case-Laws Income Tax Thu, 31 Oct 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277039