09 February 2024
Sir I have filed my ITR-1 for the A.Y 2023-24 on Dt.31-07-2023 with old regime with 80C deductions. When I am filing my ITR I have missed to declare the business income. Then I revised my ITR with ITR-3 including business income in new tax regime on 31-08-2023. Recently I have received 143(1) order without accepting the new tax regime or accepting the 80C deductions declared in old regime. Then I have received a demand notice for Rs.90,000. Now what to do for accepting new tax regime or accepting 80C deductions with old tax regime. Kindly help me.
CAclubindia
