Firm dissolved or Business discontinued - Section 189

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Full Text of the Document

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....taken place. All the provisions of the Income tax Act including provisions relating to the levy of penalty shall apply to such assessment. * Every person who was at the time of such discontinuance or dissolution of partner of the firm, and the legal representative of any such person who is deceased, shall be jointly and severally liable for the amount of tax, penalty or any other sum payable und....