Tag Archives: #CorporateTaxExploration

What is the meaning of corporate assessee and non-corporate assessee?

Corporate and non-corporate assessee

Corporate and non-corporate assessee In India, the term “assessee” refers to an individual or entity that is legally liable to pay income tax under the Income Tax Act, 1961. The Income Tax Act categorizes taxpayers into two groups based on their legal structure:  For more information to Visit https://www.mca.gov.in A corporate assessee is an entity… Read More »