Liability_To_Pay_In_Certain_Cases
Section 132 : Liability of partners of firm to pay tax – Liability To Pay In Certain Cases
June 10, 2017
Liability_To_Pay_In_Certain_Cases
Section 134 : Liability of Court of Wards etc – Liability To Pay In Certain Cases
June 10, 2017

Section 133 : Liability of guardians, trustees etc – Liability To Pay In Certain Cases

Liability_To_Pay_In_Certain_Cases

Liability of guardians, trustees etc.

Where the business in respect of which any tax, interest or penalty is payable under this Act is carried on by any guardian, trustee or agent of a minor or other incapacitated person on behalf of and for the benefit of such minor or other incapacitated person, the tax, interest or penalty shall be levied upon and recoverable from such guardian, trustee or agent, as the case may be, in like manner and to the same extent as it would be determined and recoverable from any such minor or other incapacitated person, as if he were a major or capacitated person and as if he were conducting the business himself, and all the provisions of this Act shall, so far as may be, apply accordingly.

Team@HostBooks
Team@HostBooks
Arpita Bora is leading the content writing team at HostBooks Limited. She has pursued her Masters in Commerce. With over 4.5 years of experience in technical and creative writing, she specializes in both long and short-form digital content.

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