OLD method Vs NEW Method of Income tax form

This query is : Resolved

Gopalarathnam Muralidharan (Querist)
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22 December 2022 Pertaining to AY 2021-22. Relating to Salaried employee

Original return was filed in time under OLD scheme. Later after the due date a Revised Return was filed opting NEW scheme. Normally NEW SCHEME option terminates with due date for filing original return. Now Department has issued order ignoring new scheme and not allowing Standard deduction and 80C and other deductions.
Can sec154 petition be filed for this or appeal route can be attempted

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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22 December 2022 NEW SCHEME option terminates with due date for filing original return.
Hence 154 or appeal route will not solve your problem.

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OLD method Vs NEW Method of Income tax form

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