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Investment Declaration Switch between new and old regime

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(Querist)
31 March 2020 Hi Experts
Could you please provide clarity on switching between new and old regime as per Finance act 2020. I understand that all the employee should have provision to switch between new and old regime anytime from April 1st till march 2021. In that case employee can change their plan at any time in the FY. Kindly clarify
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RAJA P M

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RAJA P M (Expert)
31 March 2020 No... If once opt new regime then don't shift to old regime. The same is old to new...
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Bijesh

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Bijesh (Querist)
31 March 2020 But SAP notes has this option..



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RAJA P M

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RAJA P M (Expert)
31 March 2020 can't understand dear
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
31 March 2020 Yes employee can change their plan at any time in the FY.
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
29 July 2020 https://www.caclubindia.com/articles/new-income-tax-regime-or-old-regime-42234.asp

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