PSC Exam Question - What is Self Tax Assessment System? It's Provision in Nepal, Explain

Introduction - Self Tax Assessment System

Authoritatively the Nepalese Income Tax act depends on a self-evaluation framework. That requires the citizen to figure the expense independent from anyone else utilizing the salary tax documents recommended by the duty organization. Essentially the expense specialists need to acknowledge the citizen's revelation. Just if the assessment overseers discover purposes behind a difference in what the citizen has proclaimed, they ought to revise the citizen's announcement. For e.g. it is the duty of an expense absolved association to pronounce what salary are assessable and what not while presenting the yearly government form. 

The expense office may revise an appraisal inside 4 years keeping in mind the end goal to change the surveyed individual's obligation to impose in such way as, as indicated by the Tax Department's best judgment, is predictable with the expectation of the Act. In instances of extortion, an appraisal might be revised whenever.