TMI BlogSpecial provisions regarding liability to pay tax, interest or penalty in certain cases.X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 of 2016), where a person, liable to pay tax, interest or penalty under this Ordinance, dies, then, (a) if a business carried on by the person is continued after his death by his legal representative or any other person, such legal representative or other person, shall be liable to pay tax, interest or penalty due from such person under this Ordinance; and (b) if the business carried on b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... members, then, each member or group of members shall, jointly and severally, be liable to pay the tax, interest or penalty due from the taxable person under this Ordinance up to the time of the partition whether such tax, penalty or interest has been determined before partition but has remained unpaid or is determined after the partition. (3) Save as otherwise provided in the Insolvency and Ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ho carries on the business under a trust for a beneficiary, then, if the guardianship or trust is terminated, the ward or the beneficiary shall be liable to pay the tax, interest or penalty due from the taxable person up to the time of the termination of the guardianship or trust, whether such tax, interest or penalty has been determined before the termination of guardianship or trust but has r ..... X X X X Extracts X X X X X X X X Extracts X X X X
|