Amendment status not verified — confirm the current text below against the official source.
Where the estate or any portion of the estate of a taxable person owning a business in respect of which any tax, interest or penalty is payable under this Act is under the control of Liability of the court of Wards, the Administrator General the Court of Official Trustee or any receiver or manager (including Wards, etc. any person, whatever be his designation, who in fact manges the business) appointed by or under any order of a court, the tax, interest or penalty shall be levied upon and be recoverable from such court of Wards, Administrator General, Official Trustee, receiver or manage in like manner and to the same extent as it would be determined and be recoverable from the taxable person as if he were conducting the business himself, and all the provisions of this Act orthe rules made thereunder shall apply accordingly.