Representative assessee clarifies who is treated as the taxpayer when income is received on behalf of others under trust or agency law. Representative assessee includes agents of non residents, guardians or managers for minors or persons of unsound mind, court appointed receivers or analogous officers, and trustees receiving income under written or qualifying oral trusts; trusts not evidenced by a duly executed instrument may be deemed written if trustees forward a signed statement with particulars to the Assessing Officer within prescribed three month periods. Every representative assessee is deemed to be an assessee for the purposes of the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Representative assessee clarifies who is treated as the taxpayer when income is received on behalf of others under trust or agency law.
Representative assessee includes agents of non residents, guardians or managers for minors or persons of unsound mind, court appointed receivers or analogous officers, and trustees receiving income under written or qualifying oral trusts; trusts not evidenced by a duly executed instrument may be deemed written if trustees forward a signed statement with particulars to the Assessing Officer within prescribed three month periods. Every representative assessee is deemed to be an assessee for the purposes of the Act.
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