New tax regime and old tax regime.
This query is : Resolved
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Kinjal Bhadra
(Querist)
05 August 2025
If tax payer opt new tax regime in privious year and opt old tax regime through filing 10iea in current assesment year due to his deductions...
Can he opt new tax regime in next year?
Can he opt new tax regime in next year?
Dhirajlal Rambhia
(Expert)
05 August 2025
YES. For ITR 3 & ITR 4 you will not be able to opt for old regime once opted out of.
Kinjal Bhadra
(Querist)
05 August 2025
I have buisness income
Dhirajlal Rambhia
(Expert)
05 August 2025
Yes, once opted out from old regime you will not be able to opt it again.
Dhirajlal Rambhia
(Expert)
24 September 2025
Good Luck...
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