sir, I have only rental income from house property so I am eligible for switch old to new regime or new regime to old every year or not. please guide me. thanks
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Quick Summary
If you only have rental income from a house property, you are eligible to switch between the old and new tax regimes each year. However, it's crucial to file the relevant form before the deadline, typically July 31st. Remember that the process for filing returns differs significantly depending on which regime you choose.