What's Does Assessee Mean?

What's Does Assessee Mean?

: one upon whom a payment is assessed.

What does Assessee mean?

An income tax assessee is a person who pays tax or any sum of money under the provisions of the Income Tax Act, 1961. The term 'assessee' covers everyone who has been assessed for his income, the income of another person for which he is assessable, or the profit and loss he has sustained.

Is Assessee a word?

Meaning of assessee in English

a person or group that is being assessed (= judged), especially in order to decide how much tax they must pay: The form must be filled out by every assessee on a yearly basis.

Alexander Ross
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Alexander Ross

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.