Eligible Assessee - Definition / Legal Terminology - Income Tax

Eligible Assessee For the purposes of section 144C(15)(b) of the Income tax Act 1961 Eligible Assessee means,- (i) any person in whose case the variation referred to in sub-section (1) arises as a consequence of the order of the Transfer Pricing Officer passed under section 92CA(3); and (ii) any non-resident not being a company, or any foreign company. Provided that such eligible assessee shall not include person referred to in section 158BA(1) or other person referred to in section 158BD . Explanation.(b) - For the purposes of section 115BBF of the Income tax Act 1961,- Eligible Assessee means a person resident in India and who is a patentee;