Not able to change tax regime after ITR deadline - News Summed Up

Not able to change tax regime after ITR deadline


ishekk BHPianJoin Date: Aug 2023 Location: Delhi Posts: 44 Thanked: 163 TimesRe: Not able to change tax regime after ITR deadline Quote: ValarMorghulis Originally Posted by This is intentional and communicated by the govt. This was one of the carrot used by the GoI to file one's taxes before the deadline ended. Also if government wants to ensure deadline is met, then the proper way is to increase penalty; I repeat the word "penalty" . In fact if someone filed return few minutes earlier, he is able to file revise return and change tax regime but I can't do it. In all the emails I received from tax dept, none talked about this issue.Also if government wants to ensure deadline is met, then the proper way is to increase; I repeat the word.


Source: Economic Times August 01, 2024 12:46 UTC



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