A client of mine had opted for new regime while filing ITR FOR Fy 2021 by mistake and now wishes to revise /rectify it by opting for old regime ?
5 Replies
CA Raj Doshi
(Practising CA)
(8944 Points)
Replied 09 August 2022
Proviso to Sec 115BAC clearly states that option to opt out of New regime is available only once but not in the year of exercise
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