WebJun 8, 2024 · Definition of Assessee – Section 2 (2) The provisions of Black Money Act shall be applicable only when the person, who has undisclosed foreign income or undisclosed foreign asset is covered … WebNoun [ edit] assessee ( plural assessees ) Something or someone that is assessed.

Defination of Persons Under Income Tax Act, 1961 - TaxGuru

WebJan 5, 2024 · As per explanation (d) in the definition of ‘property’, several types of assets are listed including shares and securities. It is not denied that assessee is an HUF, during the year it has received from mother of the Kaka of the assessee HUF a gift of 75,000 shares of a private limited company. Web1 hour ago · In case of the assessee in ITA No. 32/Hyd/2024, the CIT(A), NFAC-Delhi took the view that the payments made by the assessee to the contract teachers for teaching in intermediate colleges do not fall in the definition of ‘fee for professional services’ and, therefore, they cannot be held as ‘assessee in default’, for not deducting the ... tembongraja

Definitions in Income Tax Act 1961 with MCQs - Deep Gyan®

WebA more thorough explanation: Definition: An assessee is a person or entity who is liable to pay a tax or assessment to the government. Examples: Individuals who earn income are … WebMar 7, 2024 · Therefore, it makes the registration and filing of memorandum, mandatory. The interpretation to definition of supplier by Delhi High Court in the matter of Ramky Infrastructure Private ... Himanshu Garg appeared for the assessee and Sanjay Kumar appeared for the revenue. Assessee Plastic Omnium Auto Inergy Manufacturing … WebJul 19, 2012 · assessee New Word Suggestion. taxpayer, whose assets assessed for payment of tax. Submitted By: chinna - 19/07/2012. Approval Status: Pending … tembo paper kampen