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New tax or old tax regime

Others 308 views 5 replies

Anshoo Dubey

7 Points Posted on 16 June 2024

one salaried person if his tax has been deducted in the old regime, can he file in the new regime and can it be changed again next year. please suggest me.

thanks

Replies (5)

Khush Trivedi

4156 Points Posted on 16 June 2024

Yes if in Form 16 the employer has deducted tax under old regime the taxpayer has an option to opt for new regime while filling of his return & the difference in tax liability might occur

RAJA P M

"Do the Right Thing...!!!"

128152 Points Posted on 16 June 2024

Yes I agreed with Mr Khush Trivedi...

and/add

Yes, If only salaried income then he can change the regime from new to old or old to new...

sabyasachi mukherjee

Profession Business

28207 Points Posted on 17 June 2024

Follow guidelines of form 16

babugr

dgm

521 Points Posted on 20 June 2024

Can I change new regime once filed for this year to old regime next year, as I have pension, bank FD interest, few capital gains

NARENDRA

ACCOUNTS MANAGER

2213 Points Posted on 20 June 2024

Originally posted by : babugr
	Can I change new regime once filed for this year to old regime next year, as I have pension, bank FD interest, few capital gains