banner_ad

Old regime vs new regime - income tax

343 views 2 replies
Dear Sir,

Sir, From the Asstt.Year 2024-2025 the new income tax scheme is going to be a default scheme for which we have to file Form 10-IEA. Now what I understand is that “ Income tax assessee will have to fill form 10-IEA to continue with the old income tax regime before the last date of filing of income tax returns”  does that mean that now when we are filing the income tax return for the Asstt.Year 2023-2024 itself we have to file or do we have to file  when we file the income tax return for the next F.Y.2023-2024 ie. For the Assessment Year 2024-2025, kindly enlighten on this sir.
Replies (2)

For AY 2023-24 if you do not have any business income, you can continue with old tax regime which is default for current AY.

If you wish to opt for new tax regime then file form 10IE before filing return.

There are specific forms.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details