Eligible assessee status depends on residency, taxpayer category, business restrictions, transfer-pricing variation, non-resident status, or patent ownership. Eligible assessee status varies by statutory context. Under the Income-tax Act, 2025, it covers certain resident individuals, Hindu undivided families, ... Summary
Eligible assessee status depends on residency, taxpayer category, business restrictions, transfer-pricing variation, non-resident status, or patent ownership.
Eligible assessee status varies by statutory context. Under the Income-tax Act, 2025, it covers certain resident individuals, Hindu undivided families, and firms other than limited liability partnerships that do not claim specified deductions or carry on specified professions, agency businesses, or earn commission or brokerage income. Under the Income-tax Act, 1961, it includes persons affected by transfer-pricing variations, specified non-residents and foreign companies, and, for the patent-related provision, resident patentees.
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