UPDATED ITR FY21-22

Hello
Query related to FY 21-22

Original ITR (defective) filed within due date 
Rectification filed after due date (Selected New scheme) within time limit
 

Processed with old scheme 

Demand raised for 80k now

Can we file updated ITR with Old scheme. By selecting old scheme his tax liability is around 20k.

If Updated ITR is processed Demand raised for 80k will be nullified?

Replies (2)
Quick Summary
This discussion addresses a query about filing an updated Income Tax Return (ITR) for FY21-22. The original ITR was defective and filed within the due date, but the rectification was filed after the due date, selecting the new tax scheme. Despite this, the return was processed under the old scheme, resulting in an Rs. 80,000 demand. The user asks if an updated ITR can be filed using the old scheme to reduce the tax liability to Rs. 20,000 and if this would nullify the existing demand.

That sounds doable and workable

For sure you cannot use new scheme. Should use old scheme only. 

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