Question

Explain the different types of tax assessment?

Answer 1

Answer:

Under Income Tax Act, 1961, there are four types of assessment as mentioned below: Self assessment –u/s 140A. ... Scrutiny assessment –u/s 143(3) Best Judgment Assessment –u/s 144.

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Answer 2

Explanation:

Under Income Tax Act, 1961, there are four types of assessment as mentioned below: Self assessment –u/s 140A. ... Scrutiny assessment –u/s 143(3) Best Judgment Assessment –u/s 144.

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