I filed the return before 31july under old regime but forgot to verify it and relised my mistake in december and verified it, i had claimed 1.5 deduction. now i have got below notice from itr. Is it possible to revise the retun and file it under the new regime? how do i deal with this because accepting this will more more tax liability, pls help.
The taxpayer has to
file the ITR within
the due date to
exercise the option
u/s 115BAC(6) for
opting out of new tax
regime. Since the ITR
has not been filed
within the due date,
as per the provision
of sec 115BAC, any
deduction/allowance
claimed other than
those which are
allowed u/s 115BAC
will not be allowed
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