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Change of ion of tax regime

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39 Points Posted on 11 February 2024
Sir,if an emploee adopts new tax regime for financial year 2023-24,can he adopt old tax regime in financial year 2024-25 again
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On 11 February 2024 at 16:22 Report
Replies (6)
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Chartered Accountant
86505 Points Posted on 11 February 2024
Yes he can if there is no business income.

As from your query , I understood that you are salaried person and filing ITR-1, in that case you can change scheme.
814 Reply
On 11 February 2024 at 16:47
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"Do the Right Thing...!!!"
128147 Points Posted on 11 February 2024
Yes I agreed with Rashmi Gandhi...

@ Amit Vashist,

Yes , The employee can change the Tax regime. No issues.
463 Reply
On 11 February 2024 at 17:02
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Profession Business
28207 Points Posted on 12 February 2024
No not two tax regime in the same year.
44 Reply
On 12 February 2024 at 09:09
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Chartered Accountant
86505 Points Posted on 12 February 2024
He is not opting two regime in one year , he just shifter from one tax regime to other one in new financial year.

@ sabyasachi Mukherjee What is the relevance of your stupid replies on each post???
814 Reply
On 12 February 2024 at 09:12
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Profession Business
28207 Points Posted on 12 February 2024
Not in the same year possible.
different year possible.
Don't gain relevance on the suffix name
44 Reply
On 12 February 2024 at 22:38
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Chartered Accountant
86505 Points Posted on 12 February 2024
I m not gaining but you tried to gain points by creating nonsense replies on each query
814 Reply
On 12 February 2024 at 23:00


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