Introduction : At the end of a fiscal time, a taxpayer has to check if there’s any pending duty which should be paid after paying TDS( duty subtracted at Source) and advance duty. This pending duty is known as the tone- assessment duty. tone- assessment duty has to be reckoned by the taxpayer and paid … Read More “Self-Assessment Tax Definition, Calculation, and Online Payment Information” »
Tag: Income tax Assessment
Income Tax Assessment
Income Tax Assessment
Introduction : Section one hundred forty four of the Income Tax Act offers with nice judgement evaluation. This Section offers an Assessing Officer (AO) the strength to apply the nice of his/her judgement. An AO can use the nice judgement in opposition to an person who fails to offer applicable statistics. This article offers you … Read More “Best Judgment Assessment, Provisions, Process And Duration Of Assessment” »