https://www.taxtmi.com/caselaws?id=49410 Section 44 of the Indian Income-tax Act, 1922 applies where a firm's business has been discontinued, including on dissolution, so the assessment machinery continues despite cessation. The partners who were partners at the time of discontinuance remain jointly and severally liable for the firm's tax. Mere dissolution without discontinuance would not by itself attract the provision, but on these facts the dissolution brought about discontinuance, so the assessment notice was valid and the challenge failed. en-us Fri, 13 Dec 1963 00:00:00 +0530 Fri, 28 Jun 2024 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49410 Section 44 of the Indian Income-tax Act, 1922 applies where a firm's business has been discontinued, including on dissolution, so the assessment machinery continues despite cessation. The partners who were partners at the time of discontinuance remain jointly and severally liable for the firm's tax. Mere dissolution without discontinuance would not by itself attract the provision, but on these facts the dissolution brought about discontinuance, so the assessment notice was valid and the challenge failed. Case-Laws Income Tax Fri, 13 Dec 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49410