Supreme Court Upholds Assessee in East Punjab General Sales Tax Act Case — Dissolved Firm Cannot Be Assessed. Dissolution of Firm, a Separate Assessable Entity, Extinguishes Tax Liability Absent Express Statutory Provision for Post-Dissolution Assessment Under East Punjab General Sales Tax Act, 1948....
The appeal before the Supreme Court arose from a judgment of the Punjab High Court in a sales tax reference under Section 22 of the East Punjab General Sales Tax Act, 1948. The respondent, Messrs. Jul...
