https://www.taxtmi.com/acts?id=51631 Where income of another person from an asset or from firm membership is included in an assessee's total income, the person in whose name the asset stands or the firm member is liable to pay the portion of tax attributable to that included income upon service of a notice of demand by the Assessing Officer; if the asset is held jointly, all holders are jointly and severally liable, and the applicable collection and enforcement provisions apply accordingly. en-us Wed, 13 Aug 2025 19:11:31 +0530 Thu, 28 Aug 2025 10:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51631 Where income of another person from an asset or from firm membership is included in an assessee's total income, the person in whose name the asset stands or the firm member is liable to pay the portion of tax attributable to that included income upon service of a notice of demand by the Assessing Officer; if the asset is held jointly, all holders are jointly and severally liable, and the applicable collection and enforcement provisions apply accordingly. Act-Rules Income Tax Wed, 13 Aug 2025 19:11:31 +0530 https://www.taxtmi.com/acts?id=51631