Avail 20% discount on updated CA lectures for Dec 21 .Use Code RESULT20 !! Call : 088803-20003


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

MPR sanjay Kumar (CA student)     25 January 2021

What is mean by self assessment tax

could you plse tell me what is mean by self assessment tax...

 3 Replies


Sourav (Student)     25 January 2021

Self assessment tax means tax that assessed by the assessee on their own as per estimated of income
u/s 140
Krishna Chaudhary

Krishna Chaudhary (Accountant)     25 January 2021

Self Assessment tax means any balance tax paid by the assessee on the assessed income after taking TDS and Advance tax into account before filing the Return of income. Self-assessment tax is paid for a particular financial year end. Challan No/ ITNS 280 is required to be used for the payment of Self assessment tax.
4 Like
Kapadia Pravin

Kapadia Pravin   26 January 2021

Self Assessment Tax is tax amount arrived at by Total tax payable as reduced by a) TDS b) TCS C) Advance Tax instalment payments.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads

Start a New Discussion

Popular Discussion

view more »

Subscribe to the latest topics :
Search Forum:

Trending Tags