New Regime to Old Regime

This query is : Resolved 

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.

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

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

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

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.

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

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.

04 June 2022 thanks to both of you

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

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

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


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