n NISM Certifications
X NISM Series X
Medium

Who is a 'Deemed Assessee'?

Practice question from NISM Series XB- Investment Adviser (Level 2) Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Legal representative of a handicapped person

  2. B

    Agent of non-resident person

  3. C

    Representative of a minor

  4. All of the above

    Correct answer

Why this is the answer

A deemed assessee includes various persons assessable for tax, such as agents, legal representatives, and others.

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