This discussion explores whether an assessee can claim new deductions in a rectified Income Tax Return (ITR) when their original return was processed under the old tax regime. While deductions can generally be claimed in a revised return, the specific situation involves filing Form 10-IE after the due date for AY 2022-23. The consensus suggests that filing a revised return might not be possible in this scenario.
19 December 2023
Could Assessee take deductions while filing Rectified return after completion of AY where ITR Processed under old regime since form 10-IE filed after due date