A user is seeking clarification on the type of tax payment required for an updated return for AY 2021-22, where a tax of Rs. 20,000 is payable. The query specifically asks whether this falls under self-assessment tax or regular assessment tax. The initial response suggests it is self-assessment tax.
Mr A is filing his updated return for AY 2021-22. There is a tax payable of Rs. 20000/- under updated return. What will be the type of this tax payment..... self assessment or regular assessment tax?