Assessee:

As per Section 2(7) of Income Tax Act 1961 ‘assessee’ is a person by whom any tax or any other sum of money is payable under the Act, and includes the following -

  • Every person in respect of whom any proceeding under this Act has been taken a) 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 the amount of refund due to him or to such other person; continue reading…