If you're a salary taxpayer who opted for the new tax regime (115BA) but received an intimation rejecting it, it's likely because you filed a belated return. The Income Tax Department generally doesn't allow switching to the new regime when filing late. You may need to switch back to the old regime, but ensure this is done within the original due date for filing.
07 February 2024
I am salary taxpayer, i opted New regime but intimation received rejected New Regime I want know why Income tax department not accepting new regime. I had been Filed belated return.