FORM 10IEA

This query is : Resolved

raghavendra b (Querist)
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03 April 2024 DEAR SIR,

IT'S NOT MANDATORY TO FILE FORM 10IEA FOR SALARY INDIVIDUAL OR THEY JUST CAN CHOOSE NEW TAX REGIME TO FILE INCOME TAX RETURNS.

ONLY BUSINESS OR PROFESSIONAL INCOME TAX PAYER MUST FILE FORM 10IEA FOR OPTING NEW TAX REGIME.

WHAT WILL HAPPEN IF AN INDIVIDUAL PAID ADVANCE TAX BY SELECTING WRONG MINOR HEAD MEANS U/S 115TD?

YOUR GUIDENCE IS VALUABLE

THANKS

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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05 May 2024 For salaried persons, there is option to switch regime under schedule General in ITR. They need not file form separately. Secondly, for all individuals the new regime is by default for AY 2024-25.

raghavendra b

raghavendra b (Querist)
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11 May 2024 THANK YOU SIR,

ONE OF MY CLIENT PAID ADVANCE TAX THROUGH HIS INTERNET BANKING BY WRONGLY SELECTING MINOR HEAD TAX ON ACCRETED INCOME U/S 115TD. IN THIS SITUATION WHAT WILL HAPPEN?

REGARDS

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 May 2024 Please submit challan correction request to Jurisdictional Assessing Officer for Minor Head.

raghavendra b

raghavendra b (Querist)
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11 May 2024 THANK YOU SIR FOR YOUR REPLIES

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 May 2024 You are welcome.