What is Assessment order 143(3)?
Assessment order 143(3) is issued by the Assessing Officer after the Scrutiny Assessment u/s143(2) is complete and all the evidences required have been submitted. Based on the evidences, the AO will issue an order for tax payable or refundable, to the assessee.
By when should I receive final assessment order u/s 143(3)?
You will receive the final order u/s 143(3) within 21 months of the assessment year in which taxes were filed.
What is an Assessment Intimation u/s 143 (1)?
Assessment Intimation u/s 143 (1) is issued by the I-T Dept. if the Assessee has either overpaid or underpaid his tax. If he has paid more tax, then the notice will intimate him of the refund amount. If he has paidless than the liable amount, then ...
Advance/Self Assessment Tax
Advance tax - It is the Tax amount paid by you on or before the 31st of March,19. Self assessment tax - It is the tax amount paid by you after 31st march,2019 and before filing income tax return. For Advance/Self Assessment Tax you will have to ...
What is Self Assessment Tax (SAT)?
Self-assessment tax is the added tax liability of an assessee on his income after accounting for TDS and advance tax. This should be calculated before filing returns at the financial year end. You cannot submit your returns to the IT Department till ...
How to Pay Self Assessment Tax online
Steps to Pay Self Assessment Tax Online Step 1: Visit the NSDL website: https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp Step 2: For Self Assessment Tax payment, click on proceed button of Challan No: 280 as highlighted in red Step 3: ...