Amendment status not verified — confirm the current text below against the official source.
Where the business carried on by a firm or an association of persons, other than a company as defined in the Indian Companies Act, 1956( (Act. 1 of 1956) and in respect of which tax is payable under this Act. is discontinued or the association of persons is dissolved, the tax shall he levied upon and recovered from jointly and severally every person who. at the time of such discontinuance or dissolution. was a partner of such firm or member of such association. and all the provisions of this Act, shall apply accordingly Notice of demand: