ITR return (Old or New Tax Regime)

22 October 2021

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

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107856 Points)
Replied 22 October 2021

No. For the particular AY the regime will be fixed, as selected in the beginning.

kavita raheja (26 Points)
Replied 22 October 2021

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

Chetz Rao (65 Points)
Replied 22 October 2021

Yes , Employee can change the regime before filing even if employer selected new regime while making tds

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ITR return (Old or New Tax Regime)

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