Section 21. Liability in case of discontinued firm or association of persons

(3) The provisions of sections 13, 14 and 16 shall apply to a donee as they apply to any person referred to in those sections.] (2) If the[1] [Assessing Officer], the[2] [Deputy Commissioner (Appeals)],[3] [the Commissioner (Appeals)] or the Appellate Tribunal in the course of any proceeding under this Act in respect of any such firm or other association of persons as is referred to in sub-section (1) is satisfied that the firm or association is guilty of any of the acts specified in clause (a) or clause (b) or clause (c) of sub-section (1) of section 17, he or it may impose or direct the imposition of a penalty in accordance with the provisions of that section. 21. Liability in case of discontinued firm or association of persons. — (1) Where a firm or association of persons liable to pay gift-tax has been discontinued or dissolved, the[1] [Assessing Officer] shall determine the gift-tax payable by the firm or association of persons as such as if no such discontinuance or dissolution had taken place. Provided further that the amount of the gift-tax which may be recovered from each donee shall not exceed the value of the gift made to him as on the date of the gift.