https://www.taxtmi.com/caselaws?id=769290 A prior Form No. 10-IE opting into the new tax regime under section 115BAC did not, by itself, compel assessment under that regime where the assessee later filed the return of income under the old regime before processing. The decisive factor was the regime reflected in the return as filed, not the earlier opt-in form alone. On these facts, the restriction on withdrawal of the option was treated as inapplicable, and the CPC could not force the new regime merely because Form No. 10-IE had been filed earlier. en-us Fri, 03 Jan 2025 00:00:00 +0530 Wed, 23 Apr 2025 09:09:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769290 A prior Form No. 10-IE opting into the new tax regime under section 115BAC did not, by itself, compel assessment under that regime where the assessee later filed the return of income under the old regime before processing. The decisive factor was the regime reflected in the return as filed, not the earlier opt-in form alone. On these facts, the restriction on withdrawal of the option was treated as inapplicable, and the CPC could not force the new regime merely because Form No. 10-IE had been filed earlier. Case-Laws Income Tax Fri, 03 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769290