Murugapandian (HUF) vs. DCIT, Circle -1(1), Salem
Case No: ITA Nos.:2480 & 2481/Chny/2025
Court: Income Tax Appellate Tribunal ‘B’ Bench, Chennai
Date: 1/21/2026
Parties Involved
appellantMurugapandian (HUF)
respondentDCIT, Circle -1(1), Salem
Facts Summary
The assessee, a Hindu Undivided Family (HUF), filed its return of income for Assessment Year 2021-22 on 21.03.2022, opting for taxation under the new regime by electronically filing Form No.10IE on the same date. The return was processed by the CPC u/s.143(1) of the Act on 11.04.2022, wherein the benefit of the new tax regime was denied and tax was computed under the old regime. The assessee filed multiple rectification applications, which were rejected by the CPC. Aggrieved, the assessee appeal…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the CPC was justified in denying the assessee the benefit of the New Tax Regime u/s.115BAC of the Act for A.Y. 2021-22.
- 2. Whether the assessee is entitled to taxation under the new tax regime for A.Y. 2023-24.