Section 91 - Liability of guardians, trustees, etc.
Section 91 - Responsibility of Guardians, Trustees, and Agents for Tax Liabilities
This section explains that if a business is managed by a guardian, trustee, or agent on behalf of a minor or someone who cannot manage their own affairs, any taxes, interest, or penalties owed will be charged to and collected from the guardian, trustee, or agent. This means that these representatives are treated as if they are the minor or incapacitated person themselves, responsible for handling the business. The law applies to them in the same way it would if the minor or incapacitated person were an adult managing their own business. Essentially, guardians, trustees, or agents are fully accountable for the tax obligations of the business they manage on behalf of those who cannot do so themselves.
Note: It is an AI generated summary for reference purpose only.
91. Liability of guardians, trustees, etc.
Where the business in respect of which any tax, interest or penalty is payable under this Act is carried on by any guardian, trustee or agent of a minor or other incapacitated person on behalf of and for the benefit of such minor or other incapacitated person, the tax, interest or penalty shall be levied upon and recoverable from such guardian, trustee or agent in like manner and to the same extent as it would be determined and recoverable from any such minor or other incapacitated person, as if he were a major or capacitated person and as if he were conducting the business himself, and all the provisions of this Act or the rules made thereunder shall apply accordingly.
