Hi Can I know, Who is an assessee?
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. When tax payable and when assessee deemed in default: http://www.incometaxindia.gov.in/acts/in... 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;