Opting for new tax regime while filing revised return

This query is : Resolved 
Quick Summary
This discussion addresses whether an individual can switch to the new tax regime when filing a revised Income Tax Return (ITR) after initially filing under the old regime. The consensus is that changing tax regimes in a revised return is not permitted by the Central Processing Centre (CPC). The original return must be verified first; otherwise, the revised return will be considered invalid.

Profile Image

Profile Image

(Querist)
05 July 2024 i have filed ITR-1 under old regime ( e-verification not completed)
while i am trying to file revised return under ITR-1 new regime (showing some refund)
can i file under revised return under new regime and claim refund? (both the original and revised are within duedates)
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
05 July 2024 Not possible now. It is mandatory to verify original return, otherwise revised return is null & void.
Profile Image

Uday venkat

Profile Image

Uday venkat (Querist)
05 July 2024 If I e verify the old return and revise under new regime, will that helps sir?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
06 July 2024 No. Change of regime in same year is not accepted by CPC.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
28 August 2024 Good luck.
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


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Samruddhi AgrawalSamruddhi AgrawalPro Member Mukesh SinghMukesh SinghPro Member Akhil JainAkhil JainPro Member Yandamuri yesu rajuYandamuri yesu rajuPro Member Shankar BhelaweShankar Bhelawe
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category