Liability in case of transfer of business

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....ovember 2016]<br>CHAPTER- XXIV LIABILITY TO PAY IN CERTAIN CASES 127. Liability in case of transfer of business (1) Where a taxable person, liable to pay tax under this Act, transfers h....

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....h tax, interest or penalty has been determined before such transfer, but has remained unpaid or is determined thereafter. (2) Where the transferee or the lessee of a business referred to in s....