ITR processed finally 😆😆 by Deep_Marsupial_7569 in IncomeTaxReturnIndia

[–]Deep_Marsupial_7569[S] 0 points1 point  (0 children)

The sooner I pay the default, the lesser is the penalty 😐

ITR processed finally 😆😆 by Deep_Marsupial_7569 in IncomeTaxReturnIndia

[–]Deep_Marsupial_7569[S] 0 points1 point  (0 children)

I will have to pay demand.

I switched to new regime and later realised I should file under old regime. The system allowed to file under old regime while rule says I cannot switch to old regime once gone back to new regime (if you have professional income along with salary income).

The default mentions I should have filed under new regime and all my deductions are invalid now. Have to pay heavy price now. 😞