|32 : Assessment/re-assessment of legal representatives and assessment in special cases M.P. ACT|
32 : Assessment/re-assessment of legal representatives and assessment in special cases.
(1) Where a dealer dies, his executor, administrator, or other legal representative shall be
deemed to be a dealer for the purposes of this Act and the provisions of this Act shall apply
to him in respect of the business of the said deceased dealer :
Provided that in respect of any tax assessed/re-assessed or any penalty imposed or
any interest payable by the deceased dealer or any tax, or penalty or interest, which would
have been payable by him under this Act, if he had not died, the executor, administrator or
other legal representative shall be liable to the extent of the assets of the deceased in his
(2) In the case of any guardian, trustee or agent of any minor or other incapacitated person
carrying on business on behalf of and for the benefit of such minor or other incapacitated
person, the tax shall be levied upon and recoverable from such guardian, trustee or agent,
as the case may be, in the like manner and to the same extent as it would be leviable on,
and recoverable from, any such minor or other incapacitated person, if he were of full age
and sound mind and if he were conducting the business himself and all the provisions of this
Act and rules made thereunder shall apply accordingly.
Agarwal Taxcon Pvt. Ltd. an ISO 9001:2008 Certified Company are offering our servicesinTaxation,Accounting, FinancialManagement, Consultancy and Advisory Services to various Corporates and Commercial Clients, MNC and Non-MNC as well NGOs and charitable institutions in India and abroad. Our company provides wide range of services with robust infrastructure and latest technology. The ATPL, professionals are involved in almost every aspect of business today from the corporate responsibility and sustainability to advisory services in India and abroad. We also offer a wide range of fully integrated tax and financial advisory services. Our approach combines insight and innovations from multiple disciplines with business and industry knowledge to help your company excel globally.
We have a stated policy of ensuring that quality services are offered to our clients, irrespective of their location and size. We have achieved this by bringing the professional and analytical skills, to every single assignment, that are developed through the academic backgrounds, internal training, ongoing professional education and engagement experience of our members internal training, ongoing professional education and engagement experience of our members.
Our practice and service discussed is driven by the aim of establishing long-term relationships with our clients. Our professionals at Agarwal Taxcon discuss the queries and doubts of the clients and find the best possible and most advantageous solution. Our services includes-