write short note:-
a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural
Income

Answers were Sorted based on User's Feedback



write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / himanshu

A person is any natinal of a articular country whether
liable to pay tax or not.

Assessee is the person who is liable to file the income tax
under IT act 1962.

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.

Agricultural income is the income from farm sources which
carries certain conditions-
The cultivation to harvesting of a crop is considered as
agricultural crop in IT act and is exempt from tax.
The farm should be situated in the immediate vincity of
contonment board.
The income is fully exempt from tax

Is This Answer Correct ?    58 Yes 18 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / vikram

A)a person is one who has the nationality of the particular
country.
B)A person who files the I.T Return

Is This Answer Correct ?    42 Yes 17 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / lovely acharya

Person include Individual i.e Natural and artificial
both,HUF,Firm,Assosiation of person/Body of
Individual,Company,Local Authority,artificial judicial
person
Assesse is the person who is liable to pay tax under income
tax act 1961
Representative assessee is deemed assessee...Deemed
Assessee is the person who is liable to pay tax in the eyes
of IT law
Agricultural Income is the Income in which farmer is
getting income by cultivating crops from the land and that
Income is fully exempted by Income tax Act 1961

Is This Answer Correct ?    17 Yes 4 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / vija

The person who full fill both additional condition he is
called as assesee

Is This Answer Correct ?    15 Yes 7 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / prajakta

A - person
i) a person include individual means natural person. include male, female,even a minor or lunatic
ii) a HUF
iii) a company define u/s 2(17)
iv) a Firm distinct from its partner. firm also include Limited Liability partnership
v) a Body of individual or Association of person, whether incorporate or not.
vi) a Local Authority, like municipality, district board. etc
vii) an Artificial juridical person, any entity having seperate legal entity, not covered under any of the above category.

Is This Answer Correct ?    7 Yes 1 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / kaustubh joshi

Person includes an individual..a hindu undivided family...a company..a firm..an association of person..a local authority..artificial judical person not falling within any of the preceding sub clauses
For the purpose of the clause, an asso. Of person..judical person..shall be deemed to be a person whether or not such person or body or authority or judicial person was formed or established or incorporated with the object of deriving income..profit n gains

Is This Answer Correct ?    1 Yes 0 No

write short note:- a)Person, b)Assessee, c)Deemed Assessee, D)Agricultural Income..

Answer / deepak kumar gupta

ya its right and i agree with you and i hope this physical
competition continue and when this topic any every were

Is This Answer Correct ?    3 Yes 9 No

Post New Answer

More Banking Finance Interview Questions

Explain about trims.

0 Answers   Mahatma Gandhi University,


What are the rules and regulations of RRBs?

0 Answers   RBI,


What is Repo?

9 Answers   Karvy, Siemens,


Explain The Financial & Economic meaning of investment? What is the difference between INVESTMENT & GAMBLING?

2 Answers   ECL, Karvy,


What is RBI's role in developing the Indian Economy?

0 Answers   IBPS,






What is 'cheap money'?

0 Answers  


What are your strengths and weaknesses? How will you overcome your weakness?

0 Answers   RBI,


What is demand promissory note?

0 Answers  


What are cash Resources?

4 Answers  


What is internal debt management?

0 Answers   RBI,


What do you understand by CSR?

0 Answers   State Bank Of India SBI,


i take finance as major and marketing as minor . when i gone for marketing interview then they put question from me.if m interested in marketing job why i opt finance as major why not marketing.

2 Answers   Pinnacle,


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)