If you've received an Intimation under section 143(1) for AY 2021-22 and noticed that your choice to opt for 115BAC was not reflected in the computation, don't panic. This often occurs when the tax portal doesn't automatically process the chosen tax regime. The recommended solution is to file a revised return to correct the discrepancy. Filing a revised return promptly should resolve the issue and withdraw any demand raised.
25 March 2022
My wife is a salaried person and she got Intimation u/s 143(1) for ITR2 of A.Y. 2021-22 . It shows Opted for 115BAC : As provided by Taxpayer (yes) , As Computed u/s 143(1) (No) .
ITR2 is still showing under process in income tax portal. What should i do ?
25 March 2022
File revised return. In similar case of 80D deduction not allowed while processing, when connected CPC they informed me to file revised return. Your problem will be solved on filing revised return. Same day ITR is processed and demand raised will be withdrawn.