Assessee means a person liable to pay Income.
Following persons are liable to pay Income tax.
- Individual [Even Proprietorship covered here]
- HUF [Hindu Undivided Family]
- AOP [Association of Person]
- BOI [Body of Individual]
- Cooperative Society
- Companies [Private Limited Company or Public Limited Companies]
Note: - All these apply for PAN Card and are called Assessees as per Income Tax Act.