Form no 10E not approved for A Y 2020-21


This query is : Resolved 

08 September 2022 Dear Sir,
Income Tax Return and 10E was file for A Y 2020 21, but 10E form was not verified hence not accepted by the income Tax Department. as per ITR refund was requested for Rs. 52000/- but as the 10E was not verified and not accepted by department, now we received a demand notice to pay Rs. 29000/-.

kindly guide

thanks in advance.

10 September 2022 Not verified.... means not filed...... it leads to not opting new regime..... So, as per old regime you are required to pay tax. No other alternative...


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