Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is deemed assesse?



what is deemed assesse?..

Answer / sbsharma2111

Assessee means a person who is being assessed for the purpose of determining tax liability etc.

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.

Assessee

Income Tax Act 1961 (Act no. 43) defines 'assessee' as a person by whom any tax or any other sum of money is payable under this Act, and includes -
• Every person in respect of whom any proceeding under this Act has been taken for the assessment of his income or of the income of any other person in respect of which he is assessable, or of the loss sustained by him or by such other person, or the amount of refund due to him or to such other person;
• Every person who is deemed to be an assessee under any provision of this Act;
• Every person who is deemed to be an assessee in default under any provision of this Act;

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What is the rate of claiming Input service tax i.e 20% or 100% o

4 Answers  


What is GL Master Maintanance

0 Answers  


1- what is cash flow and fund flow 2-Defference between TDS and TCS

2 Answers  


journal entry for goodwill and capital bought by a new partner?

0 Answers  


What elements of your job interest you the most, and least?

1 Answers   Insurance, Pharmaceutical, Sahajanand, Taikisha,


how to solve cashbook question

0 Answers   NIIT,


If A invested Rs.50000/- in F.D. & After maturity he got 56500/-. He added more Rs.43500/- in it & make F.D. for Rs.100000/- how i pass this entry. still bank has not credited 56500/- to A`s Account. please answer me

2 Answers  


Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

0 Answers  


What is Profit and Loss Account? What is Balance Sheet?

4 Answers  


How to prepare finalization accounts?

0 Answers  


What is deferred account?

0 Answers  


ram is withdrawn goods for personal use(sales price RS.600,Cost Price Rs.500) how to pass entry

4 Answers  


Categories