There is a miss out to submit investments proofs to employer for 80c exemptions.
Kindly let us know whether we claim exemption for investments made as per section 80 (both the sub-sections c and d) in a particular Financial year, while filing the Return in the corresponding assessment year.
1 Answers
Hi,
Even if you miss the deadline for submitting the investment proofs, you can still claim all the tax deductions (except few allowances like LTA or Medical allowance) while filing your Income Tax Return.
From FY 2018-19, LTA/MA is being replaced by Standard Deduction.
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