hello everyone,
1 I want to know that one of my client has other sources Income only under new scheme so weather he require form 10 IE or not for new scheme for ITR
2 adding in above question if along with other source he has business income than form 10ie is compulsory right....so can he go for change in new scheme next year say old scheme if beneficial for him ....or once adopted new scheme than can not go back...please answer
thank you
1. For assessee not having business income; who file ITR 1 or ITR 2; form 10IE not necessary to file separately. Just acceptance or denial of new tax regime, in questionnaire provided in the beginning of ITR form; is enough.
2. For assessee having PGBP income, the opportunity is for once in lifetime. They are required to file the form separately; twice: once while opting in & second time while opting out. So, once opted out, no question of re-opting it.
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