New Regime to Old Regime

This query is : Resolved

tds files (Querist)
Follow

03 June 2022 In FY 2020-21 i opted New regime and filed I.T.Return. Now in F.Y.2021-22 i want to Opt Old Regime. Can i Change Regime from New to Old.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

03 June 2022 No you can't , you can only opt out once in a lifetime and thereafter you will never switch from old to new

Message likes : 1 times

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

04 June 2022 Salaries individuals can switch every year. And in other cases one more switch is allowed in the lifetime.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

04 June 2022 @CA Altamush Zafar ,Agreed with you here as you are correct now

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

04 June 2022 I am correct in all my posts. It's just that your knowledge is so deficient that you can't even find where the amendments have been carried out.

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

04 June 2022 Perhaps you should study recent amendments more thoroughly and then come back as expert....

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

04 June 2022 @CA Altamush Zafar Better you brush up your knowledge, we will do our and we know how to do this. I have Notification and act in support for each and every reply, but you are not self sufficient to provide a single notification for any of your reply. So, work on you rather to work on others knowledge.

tds files

tds files (Querist)
Follow

04 June 2022 thanks to both of you

Message likes : 1 times

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

04 June 2022 @ Rashmi Gandhi
Your reply to this querist shows that it is you who needs brushing up rather than me

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

04 June 2022 Welcome...........Querist

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

04 June 2022 @ Rashmi Gandhi
Yes you are welcome for being wrong. Because of you the querist knows what is right.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

New Regime to Old Regime

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA