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

This is a new company & Cst Purchase occured.If I send C Form to Sundry Creditors Then What is the Procedure to collect C Form from sales tax department.

1 Answers  


difference between funds flow and cash flow

6 Answers   Capital IQ,


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

0 Answers   TAFE,


what are the types of option contract?

1 Answers  


how we pass commission entry when we give to other with tds ?

1 Answers   GFS,


how to select afile in window vista

1 Answers  


What is meant by public accounting?

0 Answers  


What is Contra entry

12 Answers  


what is debit and credit?

1 Answers   Genpact, Infosys, Nainital Bank, Satyam,


what is salary slab for tds

2 Answers   Automobile, Jakson,


Definition of push down accounting

0 Answers  


Tell me what steps would you take to increase revenue for this company?

0 Answers  


Categories