Who is an ASSESSEE

ASSESSEE

“Assessee” means,

a.     a person by whom any tax or any other sum of money (i.e., penalty or interest) is payable under this Act

(irrespective of the fact whether any proceeding under the Act has been taken against him or not);

b.     every person in respect of whom any proceeding under this Act has been taken (whether or not he is

liable for any tax, interest or penalty) for the assessment of his income or loss or the amount of refund due to

him;

c.    a person who is assessable in respect of income or loss of another person;

d.     every person who is deemed to be an assessee under any provision of this Act; and


e.     a person who is deemed to be an ‘assessee in default’ under any provision of this Act. E.g. A person, who was liable to deduct tax but has failed to do so, shall be treated as an ‘assessee in default’.

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