Specified person definitions vary across withholding, virtual digital asset transfers, partnership taxation, and charitable institution taxation.

"Specified person" has context-specific meanings. For TDS/TCS purposes, it includes non-individuals and non-Hindu undivided family persons, together with individuals or Hindu undivided families exceeding prescribed preceding-year turnover or receipts thresholds. Contractor-payment provisions apply the term to governments, public and statutory bodies, companies, societies, trusts, educational institutions, foreign entities, firms and qualifying residual persons. Virtual digital asset transfers use an inverse threshold-based definition for individuals and Hindu undivided families, while partnership, charitable-registration and accreted-income provisions define the term for their respective purposes.

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