https://www.taxtmi.com/caselaws?id=288670 Tax liability following dissolution may attach where the new concern carries on substantially the same business in the same premises, deals in the same commodities, and takes over the stock-in-trade, because such continuity supports succession to the dissolved firm. Recovery of tax already assessed on the dissolved firm may also proceed against a former partner under the statutory recovery machinery, since the recovery certificate is treated as having the force of a civil decree. The partner-specific assessment requirement was held inapplicable where assessment had already been made on the firm, so execution could be enforced against the ex-partner notwithstanding the description used in the certificate. en-us Wed, 24 Aug 1960 00:00:00 +0530 Mon, 22 Jun 2020 15:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288670 Tax liability following dissolution may attach where the new concern carries on substantially the same business in the same premises, deals in the same commodities, and takes over the stock-in-trade, because such continuity supports succession to the dissolved firm. Recovery of tax already assessed on the dissolved firm may also proceed against a former partner under the statutory recovery machinery, since the recovery certificate is treated as having the force of a civil decree. The partner-specific assessment requirement was held inapplicable where assessment had already been made on the firm, so execution could be enforced against the ex-partner notwithstanding the description used in the certificate. Case-Laws Income Tax Wed, 24 Aug 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288670