Amendment status not verified — confirm the current text below against the official source.
Recovery of tax where trade, calling etc. of employer is transferred: Where the ownership of the profession, trade, calling or employment of an assessee liable to pay tax is transferred, any tax, penalty or interest or other amount payableunder this Act, in respect of such business, remainingunpaid at the time of the transfer, may without prejudice to any action that may be taken for its recovery kom the transferor, be recoverable fiom the transferee as if he were the assessee liable to pay such tax, penalty, interest or any other;