https://www.taxtmi.com/article/detailed?id=11030 Section 137 treats companies, firms, LLPs, HUFs and trusts as subject to personal liability rules: the entity and persons in charge of its business are liable, and directors, managers, secretaries, officers, partners, the Karta or managing trustee are deemed guilty where an offence by the entity is committed with their consent, connivance or attributable negligence. Designated partners in LLPs are similarly covered. Section 137(4) permits a defence where the person proves non involvement or that all possible measures to prevent the offence were taken. en-us Fri, 27 Jan 2023 10:25:44 +0530 Fri, 27 Jan 2023 10:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11030 Section 137 treats companies, firms, LLPs, HUFs and trusts as subject to personal liability rules: the entity and persons in charge of its business are liable, and directors, managers, secretaries, officers, partners, the Karta or managing trustee are deemed guilty where an offence by the entity is committed with their consent, connivance or attributable negligence. Designated partners in LLPs are similarly covered. Section 137(4) permits a defence where the person proves non involvement or that all possible measures to prevent the offence were taken. Articles Goods and Services Tax - GST Fri, 27 Jan 2023 10:25:44 +0530 https://www.taxtmi.com/article/detailed?id=11030