Rule 21AGA Introduced: Form 10-IEA Mandatory for Switching Tax Regimes from AY 2024-25

Vivek Jalan , Last updated: 24 April 2026 Share Follow on Google News

Vide CBDT Notification No. 43/2023 dated 21.06.2023, a new Rule 21AGA has been inserted to implement changes announced in the FY24 budget and to set out the modalities for taxpayers who wish to switch between the old and new regimes. From AY 2024-25 and onwards, the option to be exercised shall be,

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About the Author

Vivek Jalan

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Mr. Vivek Jalan is a FCA, Qualified LL.M (Constitutional Law) and LL.B. He is the Chairman of The Fiscal Affairs and Taxation Committee of The Bengal Chamber of Commerce and Industry. He is the Convenor on Indirect Taxes of the CII- Economic Affairs and Taxation Committee (ER); He is also a visiting faculty for Indirec ... Read more

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