Introduction Self-assessment tax is a crucial aspect of the income tax filing process. It allows taxpayers to calculate and pay any remaining tax liability after accounting for TDS (Tax Deducted […]
What is the assessment in income tax and its types ?
Introduction Assessment in income tax refers to the process of determining the amount of taxable income and the tax liability of an individual or entity. The assessment is conducted by […]
What differs is of financial year from an assessment year
What is meant by the financial year? The financial yr is the 12 months in which you have earned the income. It begins from 1st April of the calendar 12 […]