The marathon is for calculation of tax liability only, not of allowing the regime while filling the return. If the tax rate is not changed as per filed regime , what is the meaning of allowing to file in differnet regime?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177729 Points)
Replied 29 September 2024
The marathon is for calculation of tax liability only, not of allowing the regime while filling the return. If the tax rate is not changed as per filed regime , what is the meaning of allowing to file in differnet regime?
jagdish chhugani
(engineer)
(1004 Points)
Replied 29 September 2024
People will make mistakes and IT will earn in taxes, intrest and penalties.
Did you heard from any one who processed his revised return old to new after 31st july.
Do he get new slab rates.
jagdish chhugani
(engineer)
(1004 Points)
Replied 30 September 2024
Article is from IT FAQ last phrases talk about old regime within same year so look new regime switching is possible within same year.