ITAT Upholds Taxpayer’s Right of Opting for New Tax Regime under Section 115BAC

One day delay in receipt of ITR with CPC Bangalore cannot deny Taxpayer from Opting New Tax Regime: ITAT The ITAT Delhi ruled that minor procedural delays should not prevent taxpayers from receiving rightful benefits. The tribunal instructed tax authorities to ignore one day of delay in filing relevant documents for e-verifying the return and…