https://www.taxtmi.com/caselaws?id=768925 ITAT Pune allowed the assessee's appeal regarding denial of New Tax Regime benefits under section 115BAC. The assessee filed Form 10IE on 10.10.2022 for opting into the new regime. While this was after the due date for AY 2022-23, it was before the due date for AY 2023-24, the year under appeal. Following precedent in Akshay Devendra Birari case, the Tribunal held that the assessee made a valid claim for New Tax Regime benefits since the option was exercised before the relevant assessment year's return filing due date. en-us Thu, 24 Oct 2024 00:00:00 +0530 Tue, 15 Apr 2025 11:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768925 ITAT Pune allowed the assessee's appeal regarding denial of New Tax Regime benefits under section 115BAC. The assessee filed Form 10IE on 10.10.2022 for opting into the new regime. While this was after the due date for AY 2022-23, it was before the due date for AY 2023-24, the year under appeal. Following precedent in Akshay Devendra Birari case, the Tribunal held that the assessee made a valid claim for New Tax Regime benefits since the option was exercised before the relevant assessment year's return filing due date. Case-Laws Income Tax Thu, 24 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768925