Form 10 IEA Time limit AY 24-25

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Kishore Nuthalapati

Accountant for multiple small entities

171 Points Joined September 2022

Hi Sir

An asseese have business income want to switch to Old tax regime for the AY 2024-25

there is a late fee of rs 5000 under 234F(belated return case)

Can I opt Old tax regime by submitting 10IEA

Can I Submit form 10 IEA now. Is there any time limit to submit Form 10 IEA

Please advise

Thanks