A client's Form 16 was issued based on the old tax regime. However, they now wish to file their income tax return using the new tax regime and claim a refund for excess TDS. The discussion confirms that it is indeed possible for the client to file under the new regime, provided they are eligible.
05 July 2024
Sir/ madam, With due respect, I ask a question about the income tax return old regime and new regime. My client is a salary person.His form16 has already issued with OLD TAX regime.But Now, he wants to file his income tax return under New tax regime And wants to claim refund of excess TDS . Now, Is it possible? please help me to get the answer.