You will receive the intimation u/s 143 (1) within a year from the filing of returns. If you don’t receive any intimation within this time, it means that the returns are not required to be revised or modified.
You have to calculate the amount of tax after availing benefits of deduction u/s 89 of the Act and submit Form No. 10E online on the I-T website. You must keep your salary slip safely as proof for the arrears/advance. After submitting this form, you ...
Any class of taxpayers satisfying the conditions therein is eligible for the benefits u/s 54EC of the Income tax Act. Unlike section 54 and 54F which are applicable to only individual and HUF assessees, the benefits under this section are available ...
Yes. You can claim exemption under all these sections together, but you have to exhaust exemption under section 54 first, since it doesn’t have a ceiling limit which is present in the other two.