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

462 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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details