Answer ( 1 )

  1. Under the Income-tax Law, there are four major assessments as given below:

    section 143(1), i.e., Summary assessment without calling the assessee i.e. taxpayer.
    Assessment under section 143(3), i.e., Scrutiny assessment.
    Assessment under section 144, i.e., Best judgment assessment.
    Assessment under section 147​, i.e., Income escaping assessment.​

Leave an answer