If you initially chose the old tax regime for 2024-25 by filing Form 10IEA, but now wish to switch to the new tax regime for the current assessment year, you may need to file Form 10IEA again. This is particularly relevant if your income includes Profits and Gains from Business or Profession (PGBP).
02 August 2025
If tax payer opt old tax regime by filling 10IEA form in 2024-25 but in current assesment year he want to opt new tax regime, is he liable for filling 10IEA for entertaining into the New tax regime?