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
hands.
(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.

News & Events

Our Services

Legal Services

 We offer comprehensive Legal Services systems maintained by trained accounting professional....

Read More

Insurance Services

We offer comprehensiveInsurance Services systems maintained by trained accounting professionals. ....

Read More

Investment Services

We offer comprehensive Investment Services  systems maintained by trained accounting profess....

Read More

Ask a Query

What We Offer

Statutory Audit

We offer comprehensive  Statutory Audit  systems maintained by trained accounting profe....

Auditing & Assurance & Advisor

We offer comprehensive Auditing & Assurance & Advisory Services systems maintained by tra....

Taxation Services

We offer comprehensive Taxation Services systems maintained by trained accounting professionals. ....

Corporate Services

We offer comprehensive Corporate Services systems maintained by trained accounting professionals.....