24 Hours Helpline No. +91 9212406010
agarwaltaxcon@gmail.com
46.Liability of Firms and Partners M. VAT ACT

 

 
46.Liability of Firms and Partners

 
(1) Notwithstanding any contract to the contrary, where any firm is liable to pay tax under this Act, the firm and each of the partners of the firm shall be jointly and severally liable for such payment.
(2) Any notice or order under this Act may be served on any person who was a partner during the relevant time, whether or not the firm has been dissolved and all the provisions of this Act shall apply accordingly.
(3) Where any partner retires from the firm, he shall he liable to pay the tax, penalty, sum forfeited and interest, if any, remaining unpaid at the time of his retirement and any such amount due up to the date of retirement, though un-assessed at that date and where at the time of death of the said partner, the legal representative is not a partner in the said firm, he shall be liable to pay such amounts only out of the estate of the deceased, in the like manner and to the same extent as the deceased partner would have been liable to pay if he had not died.

 

Who We Are

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.

News & Events

advisor

Welcome to Agarwal Taxcon

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.

Service Areas.

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-

INCOME TAX

Agarwal Ta....

READ MORE
GOODS & SERVICE TAX

READ MORE

SERVICE TAX

Service ta....

READ MORE
SALES TAX

Sales tax ....

READ MORE
COMPANY

An associa....

READ MORE
NON GOVERNMENT ORGANISATION (N

Our team o....

READ MORE
advisor

Request Free Consultation