ABOUT SELF ASSESEMENT TAX

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Self Assessment Tax is a system where you, the individual, are responsible for calculating and declaring your own tax liability to the authorities. This means you compute your total tax owed and submit the relevant forms yourself, rather than the tax department doing it for you. It's about taking personal ownership of your tax obligations.

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(Querist)
11 February 2021 MY HONOURABLE PERSONS, COULD YOU PLEASE TELL ME WHAT IS MEAN BY SELF ASSESEMENT TAX WITH CASE STUDY EXAMPLES PLEASE?
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Gokul Sharma

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Gokul Sharma (Expert)
11 February 2021 SELF ASSESSMENT TAX MEANS TAX CALCULATED BY YOU NOT BY DEPT.
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MPR sanjay Kumar

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MPR sanjay Kumar (Querist)
11 February 2021 ok thank you sir,which means computation of total tax by ourself and filing ourself .iam i correct sir.
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Gokul Sharma

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Gokul Sharma (Expert)
15 February 2021 YES YOU GOT THAT..............................
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MPR sanjay Kumar

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MPR sanjay Kumar (Querist)
15 February 2021 Thank you sir,really ❤️
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