Mera Samvidhaan All of Income-tax Act, 2025

Chapter XVII · Special Provisions Relating to Certain Persons

329Joint and several liability of partners for tax payable by firm.

Section 329 · Chapter XVII · A.—Association of persons, firm, Hindu undivided family, etc. — 15.—Change in constitution, succession and dissolution · page 393 of the Act

Every person who was, during the tax year, a partner of a firm, and the legal representative of any such person who is deceased, shall be jointly and severally liable along with the firm for the amount of tax, penalty or other sum payable by the firm for the tax year, and all the provisions of this Act, so far as may be, shall apply to the assessment of such tax or imposition or levy of such penalty or other sum.

Section 329 of The Income-tax Act, 2025 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.