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what is deemed assessee?
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Answer / sgmarwade
A person who is deemed to be an assessee for some other
person, is called deemed assessee.
| Is This Answer Correct ? | 74 Yes | 16 No |
Answer / rupa kundu
A person is liable not only for his own income or loss but
also for the income or loss of other person is called
deemed assessee.
| Is This Answer Correct ? | 43 Yes | 20 No |
Answer / krishna
the person who acts as an assussee on behalf of person who is actually liable to pay.
| Is This Answer Correct ? | 13 Yes | 7 No |
Answer / ruchi shah
a person who is deemed to be n asseee for some other person
is also called an asssee.
| Is This Answer Correct ? | 11 Yes | 8 No |
Answer / ashutosh
Deemed Assessee is a person who is deemed to be an assessee
as per IT law and rules and who is now liable to file the
tax return.
| Is This Answer Correct ? | 6 Yes | 4 No |
Answer / deepak
A person who is assessable in respect of income of other person
| Is This Answer Correct ? | 4 Yes | 2 No |
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Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
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