{"id":2316,"date":"2019-09-15T07:11:26","date_gmt":"2019-09-15T07:11:26","guid":{"rendered":"https:\/\/commerceiets.com\/?p=2316"},"modified":"2019-09-15T07:11:26","modified_gmt":"2019-09-15T07:11:26","slug":"assessee","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/assessee\/","title":{"rendered":"ASSESSEE"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_72 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/assessee\/#ASSESSEE\" title=\"ASSESSEE\">ASSESSEE<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/assessee\/#ORDINARY_ASSESSEE\" title=\"ORDINARY ASSESSEE\">ORDINARY ASSESSEE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/commerceiets.com\/assessee\/#REPRESENTATIVE_DEEMED_ASSESSEE\" title=\"REPRESENTATIVE\/ DEEMED ASSESSEE\">REPRESENTATIVE\/ DEEMED ASSESSEE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/commerceiets.com\/assessee\/#ASSESSEE-IN-DEFAULT\" title=\"ASSESSEE-IN-DEFAULT\">ASSESSEE-IN-DEFAULT<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3 class=\"has-text-align-center wp-block-heading\" id=\"assessee\"><span class=\"ez-toc-section\" id=\"ASSESSEE\"><\/span>ASSESSEE<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"has-medium-font-size\">It is the term which is defined in the <strong>Section 2 (7) of the Income Tax Act, 1961.<\/strong><br \/>Assessee means a person by whom any tax or any other sum of money is payable to the income tax authorities under the Income Tax Act 1961 and includes:<br \/> \u2022    Every person in respect of whom any proceedings under the Income Tax Act 1961 have been taken for the assessment of the income.<br \/> \u2022    Every person who is deemed to be an Assessee under any provision of Income Tax Act.<br \/> \u2022    Every Person who is deemed to be an Assessee-in-default under any provisions of the Act. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"ordinary-assessee\"><span class=\"ez-toc-section\" id=\"ORDINARY_ASSESSEE\"><\/span>ORDINARY ASSESSEE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">It&nbsp;includes:<br \/> \u2022    A person against whom any proceeding under this Act is going on.<br \/> \u2022    Any person who has sustained the loss and filed the return of the loss under section of 139(3) of Income Tax Act.<br \/> \u2022    A person by whom some amount of interest, tax or penalty is payable under the Act.<br \/> \u2022    Any person who is entitled to get refund of tax. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"representative-deemed-assessee\"><span class=\"ez-toc-section\" id=\"REPRESENTATIVE_DEEMED_ASSESSEE\"><\/span>REPRESENTATIVE\/ DEEMED ASSESSEE<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">A person is called Deemed Assessee when he is deemed to be an assessee for some other person. In other words, the persons responsible for the assessment of income of other persons are called representative assesses or deemed to be assesses.<br \/> <strong>EXAMPLE:<\/strong><br \/> \u2022    After the death of the person, the legal heirs of the deceased person are Deemed Assessees.<br \/> \u2022    Guardian of minor or lunatic is also a Representative or Deemed Assessees.<br \/> \u2022    A person who is non-resident of India but having income in India then any person acting on his behalf is known as Deemed or Representative Assessee. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"assessee-in-default\"><span class=\"ez-toc-section\" id=\"ASSESSEE-IN-DEFAULT\"><\/span>ASSESSEE-IN-DEFAULT<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"has-medium-font-size\">Any person can be Assessee-in-default when he fails to fulfill any kind of statutory obligation of this Act. The failure of not doing the work which is required by the person to perform under the Act makes him assessee-in-default.<br \/> <\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>EXAMPLE:<\/strong><br \/> An employer is required to deduct the TDS (Tax Deducted at Source) from the salary of the employee. However if he fails to deduct TDS from the salary of the employee, he shall be treated as Asseesee-in-default. <br \/> To conclude, assessees include:<br \/> \u2022    Persons who are liable to pay any amount of taxes under any of the provisions of this Act.<br \/> \u2022    Any person who is liable to pay taxes under any of the provisions of the Income Tax Act on behalf of any other person.<br \/> \u2022    A person who is liable to pay any sum of money other than tax like any penalty or fine etc.<br \/> \u2022    Any person who is liable to be assessed for any fringe benefits tax.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ASSESSEE It is the term which is defined in the Section 2 (7) of the Income Tax Act, 1961.Assessee means a person by whom any tax or any other sum of money is payable to the income tax authorities under the Income Tax Act 1961 and includes: \u2022 Every person in respect of whom any&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/assessee\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;ASSESSEE&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":2320,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[133,135,136],"class_list":["post-2316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-direct-tax-laws","tag-assessee-in-default","tag-ordinary-assessee","tag-representative-deemed-assessee"],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=2316"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/2316\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/2320"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=2316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=2316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=2316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}