Question
Which section of the Income Tax Act defines the term
Assessee?Solution
Assessee means a person by whom any tax or any other sum of money is payable under this Act, and includes- (a) 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 of the amount of refund due to him or to such other person; (b) every person who is deemed to be an assessee under any provision of this Act; (c) every person who is deemed to be an assessee in default under any provision of this Act;
The Reserve Bank of India has recently imposed a monetary penalty citing various rule violations. How many co-operative banks have been penalized for no...
Which of the following district of Uttar Pradesh is the smallest district in term of area?
Which state recorded the highest annual growth rate (AGR) in milk production in 2023-24?
Which country has set the record of having the longest passenger train in the world?
The Ministry of Environment, Forest & Climate Change organized “Hariyali Mahotsav” on 8th July, 2022 at which place?
Recently on 3rd August, 2022 which country celebrated its independence day?
What specific aspect of the India-UK Free Trade Agreement (FTA) is India focused on protecting through the Rules of Origin in the auto sector?
Agricultural Produce (grading and marketing) Act was passed in which of the following year?
Seekho Paiso ki Bhasha’ will pave the way for financial literacy aimed at empowering teachers across India.This investor education and awareness progr...
The Minister of Home Affairs and Cooperation, Shri Amit Shah inaugurated the National Tribal Research Institute at which place?
