ITR PROCESSES IN NEW REGIME WHEREAS REVISED RETURN WAS FILED UNDER OLD REGIME


This query is : Resolved 

Quick Summary
An individual filed their original Income Tax Return (ITR) under the new tax regime. Subsequently, they filed a revised return under the old tax regime claiming a refund. However, the intimation notice received considered only the original return filed under the new regime. The user is seeking guidance on whether the revised return will be processed separately or if the intimation notice is final, and if a regime change is permissible in a revised return.

(Querist)
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?

10 August 2024 Revised return will be processed, but under New regime only.

Pawan Mittal (Querist)
10 August 2024 sir i have filed revised return under OLD Regime before the 31/07/2024, still the revised return will be processed under NEW Regime?

10 August 2024 Yes, as original return was filed under Old regime. Change of tax regime in same AY is not permitted.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details