Section 167C of Income Tax Act "Liability of partners of limited liability partnership in liquidation"
167C. Notwithstanding anything contained in the Limited
Liability Partnership Act, 2008 (6 of 2009), where any tax
due from a limited liability partnership in respect of any
income of any previous year or from any other person in
respect of any income of any previous year during which such
other person was a limited liability partnership cannot be
recovered, in such case, every person who was a partner of
the limited liability partnership at any time during the
relevant previous year, shall be jointly and severally
liable for the payment of such tax unless he proves that the
non-recovery cannot be attributed to any gross neglect,
misfeasance or breach of duty on his part in relation to the
affairs of the limited liability partnership.
Explanation.-For the purposes of this section, the
expression "tax due" includes penalty, interest or any other
sum payable under the Act.
168. (1) Subject as hereinafter provided, the income of the
estate of a deceased person shall be chargeable to tax in
the hands of the executor,-
(a) if there is only one executor, then, as if the executor
were an individual; or
(b) if there are more executors than one, then, as if the
executors were an association of persons;
and for the purposes of this Act, the executor shall be
deemed to be resident or non-resident according as the
deceased person was a resident or non-resident during the
previous year in which his death took place.
(2) The assessment of an executor under this section shall
be made separately from any assessment that may be made on
him in respect of his own income.
(3) Separate assessments shall be made under this section on
the total income of each completed previous year or part
thereof as is included in the period from the date of the
death to the date of complete distribution to the
beneficiaries of the estate according to their several
interests.
(4) In computing the total income of any previous year under
this section, any income of the estate of that previous year
distributed to, or applied to the benefit of, any specific
legatee of the estate during that previous year shall be
excluded; but the income so excluded shall be included in
the total income of the previous year of such specific
legatee.
Explanation.-In this section, "executor" includes an
administrator or other person administering the estate of a
deceased person.