Change in it filing scheme

an individual filed his ROI as per old schme in last year. can he file return for the current year as per the provisions of new scheme. and vice versa
Replies (3)
Quick Summary
This discussion clarifies whether individuals can switch between the old and new income tax filing schemes year-on-year. For those without business or professional income, you have the flexibility to choose the most beneficial scheme for each tax year. However, if you have business income and opt for the new scheme, you generally cannot revert to the old scheme in subsequent years.

Yes, for the assessee having no business/profession income; there is the choice...

As of now there is no compulsion to follow only one scheme.IT dept has given option to tax payer.

You can choose the Regime whichever is beneficial to you.

You can even change while filing ITR
For the assessee having no business/profession income - U can choose year wise as per your choice.
For the assessee having business/profession income - If once u adopted new scheme, u can't switch to old in succeeding years.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details