View example sentences, synonyms and word forms for Assessee.
Assessee meaning
Something or someone that is assessed.
Example sentences (5)
Now, the Union Budget for FY 2020-21 has given the option of paying taxes at lower rates provided the assessee is not availing any exemption.
Under the income tax rules, an assessee has to deposit 20% of the demand for a stay on assessment order from CIT (Appeals).
We show these to taxpayers and when advance tax has to be paid, he is aware that the department has full 360 degrees view about the assessee.
If your mother is a tax assessee, then she can buy a separate policy to avail of income tax rebate under Section 80D.
The tax department, as per a latest CBDT order, will cull out this information from the Income Tax Return (ITR) of an assessee.