5 Ways You Can Acquire Status of “Assessee in Default” & Why it is so Dangerous !


Most of the harsh action of the Income Tax Department starts with your status as “assessee in default” which in simple words mean an assessee who has defaulted on payment of tax . The default may be payment of tax of self assessment tax or interest or payment of tax after a demand notice was served or in case you are deductor , you can be assessee in default if you have either not deducted and deposited the tax as per the law. There are certain other situation in which a person can be declared as “assessee in default”. Readers must have read the posting about how to prevent attachment of assets which can be done only after an assessee gets the status of “assessee in default” .So , here are the five  Ways of Getting the Tag of “Assessee in Default”  which is indeed quite dangerous and painful for taxpayers.

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