Skip to content

Assessee - Law Dictionary Search Results

Research workspace

Save terms and build your research trail

A free trial unlocks notes, tags, search history, and the full AI Studio desk for judgment research.

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.

Keep your definitions linked to case research

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

  • Last »

Try the research workspace — 7 days free


AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial