Switching from old tax regime to new tax regime.

This query is : Resolved 

11 June 2025 Dear experts..Last year i did submit my ITR-4 of AY 2024-25 in Old Tax Regime of my business income. I did even file Form 10IEA for choosing Old Tax Regime. Now I want to file my ITR-4 of AY 2025-26 in New Tax Regime. Can i file my ITR in New Tax Regime of AY 2025-26 for my business income?

I kindly request you to please guide me in this matter.
Thanks in advance.
With regards

12 June 2025 Yes, you can switch back to New Tax regime, by filling form 10IEA before due date. Note that after this switch you will not be able to opt old regime again.



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

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query