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Change in it filing scheme

kripesh (CA Final Student) (48 Points)

03 February 2022

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

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (160442 Points)
Replied 03 February 2022

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

Eswar Reddy S (CFO- at NHTF) (58213 Points)
Replied 03 February 2022

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

Nidhi (Chief Accountant) (3150 Points)
Replied 04 February 2022

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.