2 thoughts to “Meaning of Representative Assessee under 160 of Income Tax Act”

  1. Question:

    If a minor has an FD with the bank having interest more than Rs 10000/-. Does it mean that he will have to pay income tax @ 10% to the IT through the bank inspite he has a PAN with no other income?

    Is the representative assess liable to make the payment to IT in case of interest more than Rs 10000/-?

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