As we all know that from AY 21-22, individuals and HUF have an option to choose between new and old tax regime. An individual having business income can only opt for the option of switching in the new regime once. I wanted to know if the individual can make the choice for the new regime in future AY and not in AY 21-22.
eg.
AY 21-22 Old regime
AY 22-23 Old regime
AY 23-24 Switch to new regime
Yes, as per present rules...
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Mumbai
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New Delhi
Graduate (Any)
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