If proprietor of proprietorship company dies then are family members liable to pay all outstanding taxes viz Sales Tax, VAT, GST for all the O/s years taxes not paid? in case no one knows about the the things about the company.
Amy 20 November 2018
If proprietor of proprietorship company dies then are family members liable to pay all outstanding taxes viz Sales Tax, VAT, GST for all the O/s years taxes not paid? in case no one knows about the the things about the company.
Rajat Jain 21 November 2018
G.L.N. Prasad (Retired employee.) 21 November 2018
Sole proprietorship is not a "Company" but a "Concern". Get the assistance of a private auditor and settle the dues of Govt as a legal heir of the sole proprietor.
Shashi Dhara 21 November 2018
Dr J C Vashista (Advocate) 22 November 2018
The business of properietor is contineous or closed ?
However, statutory liability of the firm / business is to be recovered from estate of deceased.
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