briefly differentiate between self assessment and regular assessmemt
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Explanation :-
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Self Assessment /-
- Regular assessment tax is calculated and becomes due during an assessment of your Income Tax Return after the last financial year has ended.
Regular Assessment /-
- A self-assessment tax is one which is paid by an assessee in the same financial year after the end of which it will become due.
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Sorry , I know only this much so please forgive me...........
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Regular assessment tax is calculated and becomes due during an assessment of your Income Tax Return after the last financial year has ended. A self-assessment tax is one which is paid by an assessee in the same financial year after the end of which it will become due
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