Income tax assessment is the process by which tax authorities evaluate a taxpayer’s income tax return to determine the correct tax liability. It involves reviewing the submitted tax return, verifying the accuracy of reported income, deductions, and tax payments. During assessment, tax authorities may issue notices requesting additional information or clarification. The process ensures compliance with tax laws and may result in adjustments to the tax due or refunds. It is essential for taxpayers to maintain accurate records and respond promptly to any queries or notices from the tax department to avoid penalties and ensure proper tax assessment.