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Self Assessment Tax Return 2025 2025. Self assessment tax returns is a system to report your income and calculate how much tax you owe to hmrc. Tax disputes have more than doubled to 10.5 trillion rupees ($123 billion) in the decade through the fiscal year ended march 2023.(ht photo) also read:
Tax is usually deducted automatically from wages and pensions. The income tax department has extended the revised and belated income tax return (itr) filing deadline to january 15, 2025 for indian resident individuals.