Our tax preperaor have submitted my last year income tax returns in alternative tax regime under section 115b. This year I wanted to submit in old regime where exemptions are allowed. Kindly advise me how to do it please.
Nageswara rao A
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ALTERNATIVE TAX REGIM
Replies (3)
You can change it every year, as per your wish, provided you do not have any business income.
Otherwise only once.........
Income Tax dept has given option to tax payer to choose the tax regime whichever is beneficial
Which ITR you filed last year
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