INCOME TAX17 Sept 2026
ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief | Mint
Delhi's Income Tax Appellate Tribunal (ITAT) has ruled that you cannot be forced to pay more tax just because your accountant ticked the wrong box. Here, the return said old regime, though the tax was actually computed under the new regime. The tribunal told the Assessing Officer to recompute under the new regime. Check your regime selection before filing.
Key Statutory Highlights
- A Delhi ITAT bench gave relief in a case for assessment year 2024-25, where the accountant had wrongly stated in ITR-1 that the old tax regime was chosen.
- The tax computation in the returned form had actually been made under the new tax regime under section 115BAC.
- The tribunal directed the Assessing Officer to compute the taxpayer's liability for the year under the new tax regime.
Actionable Advice for Taxpayers / Founders:Before you file, check that the tax regime ticked in your ITR matches the regime used in your tax computation, and keep a copy of that working so you can explain any mismatch if a demand is raised.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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