BHUVANA RAJESWARI VIJAYSANKAR v. ITO, CHE-W-(231)(1) Chennai
Case No: ITA No 3379/Chny/2025
Court: INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH: CHENNAI
Date: 1/27/2026
Parties Involved
appellantBHUVANA RAJESWARI VIJAYSANKAR
respondentITO, CHE-W-(231)(1) Chennai
Facts Summary
The appellant filed Form 10E exercising the option for being taxed under the new regime under section 115BAC for the Assessment Year (AY) 2022-23. Section 115BAC(5)(ii) provides that such an option would apply for AY 2023-24 as well. An intimation order under section 143(1) on 20.09.2023 computed income tax under the old regime, as the return filed for AY 2022-23 had computed income tax under the old regime. A tax demand of Rs. 84,140 was raised. A rectification request was filed on 20.01.2025 a…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the appellant is eligible to be taxed under the new regime under section 115BAC for AY 2023-24.
Precedents Relied Upon
4 precedents cited in this judgement.