Self assessment tax

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2011 Dear sir\Madam,
Here I want to know how to calculate the self assessment Tax. After computation the salary and income from other source and Income house property.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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15 November 2011 you need to compute the total tax liability of yours after taking in to account of all the incomes & exemption & deductions

once compute the tax then need to be deduct the TDS & Advance tax payment from that. balance will be the self assessment tax

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