ITR filed under wrong AY in July
Folks, I’m looking for some advice.
I filed my return in July but incorrectly selected the wrong AY 23-24 instead of 24-25.
I immediately applied for challan correction but it was under process for a while that led to me cross the July deadline.
I wasn’t aware that I’d need to re-file under AY 24-25 again.
I agree that it was my lack of knowledge that led me to a situation where I cannot file a new one under old regime and my tax liability is significantly higher.
Is there any way out of this?