Assessee - Law Dictionary Search Results

Assessee

Assessee, means an (i) individual; or (ii) a Hindu undivided family,

made on the basis of the accounts maintained by the assessee. But, when the assessing officer comes to the conclusion that

Income-tax Officer may disallow many expenses actually incurred by the assessee; and in computing his income, he may include many items

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'assess' refers to a situation where the assessment of the assessee for a particular year is, for the first time made

due to want of care on the part of the assessee and there is no reasonable explanation forthcoming from the assessee

Act of all the assets wherever located, belonging to the assessee on the valuation date, including assets required to be included

legitimately be said to be personal which pertain to the assessee's person; in other words, an intimate connection between the effects

4, the words 'a relative and a distributor of the assessee' do not refer to any distributor but they are limited

penalty are three different concepts. Tax becomes payable by an assessee by virtue of the charging provision in a taxing statute.

1922 does not mean 'necessarily'. Ordinarily it is for the assessee to decide whether any expenditure should be incurred in the

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