Assessee in income tax 2025 of India I Meaning
Under the Income-tax Act, 2025, an “assessee” primarily means a person by whom any tax or any other sum of money is payable under the Act.
Additionally, the definition broadly includes the following categories of persons:
- Persons subject to proceedings: Every person in respect of whom any proceeding under the Act has been taken for the assessment of their own income, the loss they have sustained, or the refund due to them.
- Representatives/Guardians: Every person in respect of whom any proceeding has been taken for the assessment of the income, loss, or refund of any other person in respect of which they are assessable.
- Deemed Assessees: Every person who is legally deemed to be an assessee under the provisions of the Act.
- Assessees in Default: Every person who is deemed to be an “assessee in default” under the Act.