Form 10IEA is a requirement for taxpayers with business or professional income who choose to remain under the old tax regime. This includes individuals filing ITR-3, ITR-4, and certain ITR-5 assessments. The form must be submitted before filing your Income Tax Return (ITR).
29 July 2024
Submission of Form 10-IEA is necessary for taxpayers earning income from business or profession who opt to pay income tax under the old tax regime. Specifically, individuals filing ITR-3, ITR-4, or ITR-5 with business income (excluding cooperative societies) must complete and submit Form 10-IEA.