How to Choose between old and new tax regime for Tax Relief u/s 89

186 views 2 replies
I have opted for the old tax regime from F.Y.2015-16 to the last F.Y. 2022-23 now I received some arrears of that financial year.And in this F.Y.2023-24 I want to opt for a new tax regime.My question is 1) while calculating the tax relief
u/s 89, software ask to choose between old and new regime. On choosing the old tax regime I got more tax relief than the new regime. but I am opting for a new tax regime in this financial year, what to do please guide.
Replies (2)
You can easily choose
As per Rule you can file Relief 89 under Default Tax Regime of particular FY Year. If you to for FY 2023-24 there is default Regime is New then you must have to file under New Regime only. Not in any other. I confirm with CPC, Income Tax Dept.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register