Answer Posted / 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 |
Post New Answer View All Answers
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
WHEN FORM VAT R-2 USE?
ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?
WHAT IS CORPORATE TAX ?
What do you mean by fair rent?
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
What is excise & service tax? What is the difference?
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?