Amendment status not verified — confirm the current text below against the official source.
Where a dealer is a Hindu undivided family, firm or association of persons, and such family, firm or association is partitioned or dissolved , as the case may be- (a) the tax , interest , penalty or any other sum payable under this Act by such family , firm or association of persons for the period up to the date of such death, partition, disruption or dissolution shall he assessed or imposed as if no partition disruption or dissolution had taken place, and all the provisions of this Act shall apply accordingly, and (b) every person who was at the time of such partition, disruption or dissolution a member or partner of Hindu undivided family, association or person or firm and the legal representatives of any such person who is deceased shall, notwithstanding such partition, disruption or dissolution, he jointly and severally he liable for the payment of the tax interest, penalty or other sum payable under this Act by such family, firm or association or persons for the period up to the date of such tax or the levy of such interest, penalty or other sum is made prior to or after such death, partition, disruption or dissolution. Company in Liquidation