I filed my return for AY 24-25 (FY 23-24) in old regime. I want to switch to new regime. I filled form 10IEA online but not submitted yet.
The last line of form says
"I also declare re-entering sub-section (1A) of section 115BAC of the Act shall render the person referred to
at serial no. 1 having PAN at serial no. 2 ineligible for opting out of sub-section (1A) of section 115BAC"
Is this statement correct?
CAclubindia
