Who is an assesse?
Answer / vikrant
ACCORDING TO INCOME TAX ACT, 1961
ASSESSEE means a person by whom [any tax] or any other sum of money is payable under this Act, and includes
(a) every person in respect of whom any proceeding under this Act has been taken for the assessment of his income [or assessment of fringe benefits] 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 of the amount of refund due to him or to such other person ;
(b) every person who is deemed to be an assessee under any provision of this Act ;
(c) every person who is deemed to be an assessee in default under any provision of this Act
Is This Answer Correct ? | 5 Yes | 0 No |
WHAT IS SERVICE TAX.
What will be the rate of TDS on contractor if the amount paid in a year crosses Rs.75000/-
Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employee's salary Eg. employee's cont. 5000/- employer's cont. 5000/- is it
What is the diff between Comercial tax and sales tax?
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
If we purchase Inter -state any Plant & Machinery for Works contract for completion of a Project and later after completion of the same if we move that material to other State , Can we get "C" form against this material where we have purchased it. Is there any Notification regarding the same . In which circumstances a Works contractor can get "C" Form ? If against "C" Form a works contractor purchased the material and passed on the material via Works contract to the client whetheer Local VAt rate is also applicable on the same .
1 Answers Tribeni Constructions Ltd,
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
company want to me deduct tds, i have pan if i need tan number.if yes kindly explain why?
what is the tax that is levied if company crosses 1.5 crores turnover
HOW A PARTNERSHIP FIRM CALCULATE TAX ON INCOME