Accountancy, asked by devishasabalpa, 2 months ago

difference between self -assessment and best judgement assessment

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Answered by Anonymous
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best judgement assessment

A best judgement assessment is an income tax assessment which is performed by the assessing officer with limited knowledge about the financial circumstances of the assessee. ... In such circumstances, the assessing officer proceeds with the assessment based on the information available

self assessment

self-assessment is the process of looking at oneself in order to assess aspects that are important to one's identity. It is one of the motives that drive self-evaluation, along with self-verification and self-enhancement.

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