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ITR return (Old or New Tax Regime)
If someone have filed ITR by mistake in new Tax Regime can that revised in old Tax Regime as in new Tax Regime Tax liability is more as compared to old one
Replies (3)
No. For the particular AY the regime will be fixed, as selected in the beginning.
Addition in Query
If employer have selected new tax Regime can that be changed at a time of filing by employee... it's just selected not filed
If employer have selected new tax Regime can that be changed at a time of filing by employee... it's just selected not filed
Yes , Employee can change the regime before filing even if employer selected new regime while making tds
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