New: assessee

finasko (25)in charteredindia • 6 years ago
Meaning of Assessee [Section 2(7)]: Who is Liable to Pay Income Tax? - CharteredIndia.com
In simple words Assessee means a person who is liable to pay tax or any other sum of money under income tax. As per Section 2(7) of Income Tax Act, 1961 assessee means: Person by whom any Tax or…
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Meaning of Assessee [Section 2(7)]: Who is Liable to Pay Income Tax? - CharteredIndia.com