ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief
The Delhi Income Tax Appellate Tribunal ruled in favor of taxpayer Sanjay Sharma, whose accountant mistakenly filed under the old tax regime for assessment year 2024-25, despite tax being computed under the new regime. The tribunal directed the Assessing Officer to recalculate the tax liability accordingly, emphasizing the need for accuracy in tax regime selection. This ruling underscores taxpayer protections against clerical errors.