https://www.taxtmi.com/caselaws?id=789185 Where the assessee was subject to an audit-related return due date, filing Form 10IE and the return before that extended deadline constituted a valid exercise of the option under the new tax regime. The rejection of the claim rested on an incorrect assumption that the earlier due date applied. The applicable due date was 31 October 2023, and the return, revised return, and Form 10IE were all filed before then. Tax was therefore required to be computed under the new regime, and the addition made by applying the old regime did not survive. en-us Thu, 26 Feb 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789185 Where the assessee was subject to an audit-related return due date, filing Form 10IE and the return before that extended deadline constituted a valid exercise of the option under the new tax regime. The rejection of the claim rested on an incorrect assumption that the earlier due date applied. The applicable due date was 31 October 2023, and the return, revised return, and Form 10IE were all filed before then. Tax was therefore required to be computed under the new regime, and the addition made by applying the old regime did not survive. Case-Laws Income Tax Thu, 26 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789185