Income Tax Assessment course, VARIOUS ASSESSMENTS UNDER THE INCOME TAX LAW

Income tax assessment is the process of collecting and reviewing the information filed by an assessee in their income tax return. Hence, an income tax assessment would happen subsequent to the filing of an income tax return.

Section 143 (1) of the Income-tax Act - Assessment & Intimation

Every Person, who is earning, which is chargeable to tax, has to furnish his return of income to the Income Tax Department. After filling of return of income, the next step is the processing of income tax return by the Income Tax Department. The income tax department examines the return of income and specifies any correction, if any. The process of examination of the return of the Income Tax Department is called "Assessment". Assessment includes re-assessment and best judgment assessment under section 147 and 144 respectively. We will discuss each type of assessment in detail in this article.

income tax assessment order and how can one get it?

Income tax Assessment Procedure in Nutshell. Income tax assessment is estimation for an amount assessed while paying Income Tax by assessee himself or by income tax officer. Following types of assessment are carried out under Income tax act.