Rebate under 87a

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A taxpayer filed their ITR-2 under the new tax regime but received a defective notice. They responded by switching to the old tax regime using offline utility. The discussion clarifies that the ITR will likely be processed under the original new regime, potentially affecting eligibility for the Section 87A rebate. It is generally not possible to change tax regimes mid-filing in the same year.

suresh selvarajan

suresh selvarajan (Querist)

27 September 2024 Hi all

I filed itr 2 on 25 th july under new tax regime for which I got defective notice for not including all income. Later on August 9 I responded defective notice with old tax regime. As of now my itr didn't processed. Will there be any issue for change in regime.

I upload utility under old tax regime

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

27 September 2024 It will get time to get it processed as the defect might have not been removed.

suresh selvarajan

suresh selvarajan (Querist)

27 September 2024 Sir my question is not about processing. I have opted for new tax regime initially at the time of filing for which I have got defective notice. Then while responding to defective notice I changed to old tax regime in offline utility. Will this be issue while processing?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

27 September 2024 No issue due to that, as the ITR will get processed under NEW regime only.

suresh selvarajan

suresh selvarajan (Querist)

27 September 2024 If it is processed under new tax regime means I would loss the rebate under sec87a and but I have choosed old tax regime in offline utility sir

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

27 September 2024 As you had filed original return under New regime, change in regime is not entertained in same year.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

11 October 2024 Good luck ....

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