I have filed my IT return for the financial year 2022-23 ITR-4 in old verson, next year i.e. 2023-24

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Quick Summary

This discussion clarifies the implications of filing Income Tax Returns (ITR) under different regimes. If you've previously filed under the old regime using ITR-4 and are considering ITR-1 for the next financial year, be aware that opting for the old regime in the current year (2024-25) might require Form 10IEA. While switching back to the new regime next year (2025-26) is generally fine, you won't be able to opt for the old regime again unless you have income from a business or profession.

MANOJ KUMAR MISRA

MANOJ KUMAR MISRA (Querist)
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11 August 2025 i have filed my IT return for financial year 2022-23 in ITR-4 in old regima, next year i.e. 2023-24 in ITR-1 old regima, while filing this year old regima ( 2024-25 ) in ITR-4 it required 10IEA permison. if i obtained 10IEA permsion is it any problem for next financial year i.e. 2025-26 to shift new regima.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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11 August 2025 No problem to switch back to New regime next year; but after that you will not be able to opt old regime till you earn any income from business or profession.

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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23 September 2025 Good luck....

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