Assessee - Law Dictionary Search Results
Otherwise directed
directed' only means that the appellate authority can ask the assessee to deposit a portion of the amount and not the
Returnable
word 'returnable' means an arrangement between the buyer and the assessee under which packing is returnable to the assessee, K. Radhakrishnaiah
Regular assessment
mandates the Assessing Officer to serve a notice on the assessee before making the assessment, reassessment or re-computation under s. 147.
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Property
564. Property, the communicated order of assessment, received by an assessee, is property since it is of great importance, to an
Smallness of profit
Income-tax Officer may disallow many expenses actually incurred by the assessee; and in computing his income, he may include many items
Income
or use of a commodity in the business of the assessee from which the assessee obtains benefit of the commodity may
Escaped income
to cases where no return has been submitted by the assessee. Even if the assessee has submitted a return of his
Debt owed
Act, and, therefore, it constituted a 'debt owed' by the assessee on the respective valuation dates within the meaning of s.
Carried on by him
10 of the Income-tax Act,1922 tax is payable by an assessee 'in respect of the profits or gains of any business,
In the opinion of Income Tax Officer
in every case the method of accounting employed by the assessee and to see whether or not it has been regularly
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