Switching from old tax regime to new tax regime.


This query is : Resolved 

Quick Summary
If you filed your Income Tax Return (ITR) under the old tax regime last year, including Form 10IEA, you can switch to the new tax regime for AY 2025-26. To do this, you'll need to file Form 10IEA again before the due date. Be aware that once you opt for the new regime, you won't be able to revert to the old one.

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.

27 September 2025 Good luck..


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query