Intimation u/s 143(1) new tax regime vs old tax tax regime
This query is : Resolved
PADARTI SUBBA RAO
(Querist)
09 March 2022
I have filled income tax return of an individual have the income from house property only. While filling the income tax return i am selected the tax u/s 115 BAC i. e. Selected for new tax regime. It doesn't require to file form 10 IE because of having only rental income. I have received intimation u/s 143(1) showing all the data fields are correct except opting for taxation u/s 115 BAC. In intimation order it was showing selected ( 115 BAC) NO. Due to which in intimation order tax liability arise. Please help me. Thank you.
CA R SEETHARAMAN
(Expert)
09 March 2022
Login and file grivences.
Wait for reply then file Revised return before the end of the month.
Wait for reply then file Revised return before the end of the month.
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