Eualisation levy and department

how will department intimate assessee about eualisation levy payable or refundable?? it will be included under section 143(1)???
Replies (5)
Quick Summary
This discussion clarifies how the department will notify taxpayers regarding their Equalisation Levy obligations, whether payable or refundable. It confirms that this process will be handled under Section 143(1) of the Income Tax Act. Furthermore, it touches upon the procedure for claiming any refunds due, suggesting it will follow standard income tax rules.

Yes under 143(1)
Okay...thanks...and refund will be claimed as per income tax rules...right??
It might be please make sure with others also
Okay...thanks...will clarify with someone else
Your welcome

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