what does it mean by
1) returned income and
2) assessed income
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Difference between returned income and assessed income
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Quick Summary
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ANS- IT MEANS RETURN OF INCOME FILLED BY ASSESSEE AS PER HIS COMPUTATION.
ANS- IT MEANS INCOME ASSESSED BY ASSESSING OFFICER AFTER APPLYING HIS MIND ON RECIEVING THE RETURN FILED BY ASSESSEE.
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