Section 159(4) says that a legal representative (LR) shall be personally liable to pay the tax liability of deceased if the LR disposes or creates charge or parts with the assets of the deceased . however the personal liability liability is limited to tax only but doesnt extend to interest, penalty etc.
If that is the case the LR's can dispose off the assets willingly to make money and pay the tax liability evading penalty or interest.
further 159(6) says liability u/s 159(4) is limited to estate of the deceased which is contradictory to the above provision.
I AM CONFUSED. PLEASE HELP ME INTERPRET THESE PROVISIONS WITH EXAMPLE.
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