ITR PROCESSED IN OLD TAX REGIME EVEN OPTED 115BAC ALONG WITH FILING OF 10IE

Arshad Ameen (9 Points)

28 February 2024  

Dear CA Club Members,

Here's my situation:

For the Assessment Year (AY) 2021-22, I filed my ITR on March 15, 2022, and along with it, I opted for the new tax regime by filing Form 10IE on the same date. However, despite opting for the new regime, the system processed my ITR in the old tax regime.

Furthermore, a similar occurrence happened for the AY 2022-23. Despite opting for the new tax regime, the system processed my returns under the old regime once again.

I attempted to rectify this issue by requesting a reprocessing, but unfortunately, the same outcome persisted.

I am reaching out to the esteemed members of this forum to seek advice on how to rectify this issue. Has anyone else encountered a similar problem? What steps can be taken to ensure that the ITR is processed according to the opted tax regime? Are there any additional forms or procedures that need to be followed to ensure proper processing under the new tax regime?