Intimation u/s 143(1) new tax regime vs old tax tax regime
This query is : Resolved
09 March 2022
I have filled income tax return of an individual have the income from house property only. While filling the income tax return i am selected the tax u/s 115 BAC i. e. Selected for new tax regime. It doesn't require to file form 10 IE because of having only rental income. I have received intimation u/s 143(1) showing all the data fields are correct except opting for taxation u/s 115 BAC. In intimation order it was showing selected ( 115 BAC) NO. Due to which in intimation order tax liability arise. Please help me. Thank you.
09 March 2022
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Wait for reply then file Revised return before the end of the month.
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