Amendment status not verified — confirm the current text below against the official source.
Liability of dissolved furn or association of person liable 10 pay tax under section 3 and S: - Where the assessee or any other person liable to pay tax under section 3 and 5 is a firm or association of persons and is dissolved or disrupted, as the case may be, (a) The tax payable under this Act by such fi.nn or association of persons for the period upto the date of such dissolution or disruption may be assessed, as if no dissolution or disruption had taken place and all the provisions of this Act shall apply accordingly. and (b) Every person who was al the time of such dissolution or disruption a member or partner of firm or association of persons shall notwithstanding such dissolution or disruption, be liable severally and jointly for the payment of the tax including penalty. if any, payable under this Act by such firm or association of persons, whether assessment is made prior to or after such dissolution or disruption. (5) ff amount, for which any person becomes liable personally to the · Stale Government under sub-section (4), remains unpaid, il shall be recoverable as an arrear of land revenue from him. (6) lf any person contravenes any of the provisions of sub-section (4) of this section the prescribed authonty shall after giving an opportunity of being heard by an order in writing direct that such person shall pay by way of penalty a sum not exceeding twice the amount payable under sub-section (I).