hello all
my husband not a senior citizen got interest income on fixed deposits of rs. 5,74,275 and stcg income of rs. 61,056
he did investment of rs. 1.50 lacs on tax saver fd n paid mediclaim of rs. 28,790
our CA says to file itr in new regime otherwise he says as pwr old regime we will have to pay tax which will be cut from tds already deducted by our bank
is it true
if possible can u explain how
Unless you have deductions of more than Rs 3 lakh, taxes are lower for the new tax regime.
ADY & CO.
New Delhi
Graduate (Any)
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M N Rao & Associates LLP
Vijayawada
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