Estimated assessment

Tax Glossary Definition

Estimated assessment

An estimated assessment refers to a provisional determination of a taxpayer’s tax liability made by the tax authorities when complete or reliable financial data is unavailable or has not been furnished. This temporary assessment is based on available information, past records, or reasonable estimates, enabling the government to collect taxes in a timely manner while the final assessment is under review or pending completion.

Example: If a taxpayer fails to file a complete income return, the tax department may issue an estimated assessment using prior income details or comparable data to determine the likely tax due.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App