How do one knows he is filing in old or new tax regime for the assessment year 23-24

Hi, I logged in and just about efiling the income tax for the above assessment year. Suddenly I came to know of old tax and new tax regime.

Is the default efling for the assessment year 23-24 on old tax regime

If it is not, how do i choose the old tax regime. Can I change the tax regime before submitting the online form

Is there any easy way of knowing if I am filing in old tax or new tax regime please tell

Should we make a temp calculation of tax in old and new regime before opting for old or new

Is there any link that i could use the income on both the systems and choose before going to efiling portal

 

Replies (2)
Quick Summary
This discussion clarifies how to determine whether you are filing under the old or new tax regime for assessment year 23-24. The key is the first question on the Income Tax Return (ITR) portal: 'Are you opting for the new tax regime u/s 115BAC?'. Selecting 'Yes' defaults to the new regime, while 'No' selects the old regime. It's advisable to calculate your tax liability under both systems beforehand and to use the 'new filing' option rather than a saved draft to ensure you select the correct regime before submission.

While filing ITR the first question in the questionary is ..

Are you opting for new tax regime u/s 115BAC ? Yes    No

If you choose yes.... the ITR will be filed under New tax regime...

While for NO... Old tax regime...

Hi, Dhirajlal, nice of you. I searched in the next yes no pages and could not find it.

A very useful answer. One more tip. Whatever you fill, you can just choose, new filing option instead of saved draft to be sure that you select the correct tax regime.

I find your answer is very helpful as you have provided the apt answer with question answer type reply.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details