For this financial year 20-21, I have mistakenly choosen regular assessment tax (400) instead of self assessment tax (300) and the return was filed with the challan details itself . how to rectify the same?
thank you
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Tax head query
Replies (3)
Quick Summary
Wait for assessment order, it may be considered under processing.
Otherwise, rectification can be filed after the intimation order.
Regular assessment means ýou are filing your returns within the due date every year.
Self assesment tax means you have self assessed and paying tax according to the prevalent laws of income tax.
Self assesment tax means you have self assessed and paying tax according to the prevalent laws of income tax.
Sir, so there will be no problem for the tax head change?
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