10 August 2024
Origianl ITR was filed under NEW tax regime on 22/07/2024 after paying tax of Rs. 2080 and verified on the same day. Although on 26/07/2024 A REVISED return under OLD TAX REGIME was filed claiming refund of Rs. 15000, yet the intimation us 143(1) was issued on 07 Aug 2024 considering the Return filed on 22/07/2024(i.e. NEW One) and there was no reference of Revised Return under OLD TAX REGIME filed on 26/07/2024. now should i wait for the dept. to process the revised return filed on 26/07/2024 or the intimation issued on 07 Aug 2024 is final. Does the department do not consider the REVISED RETURN or The REVISED Return is processed separately? please guide?
CAclubindia
