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Tax regime

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56 Points Posted on 19 July 2021
can we change tax regime in the next year I mean if for this financial year new regime is selected, in the next financial year once again can I go in for old one. pl advise
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On 19 July 2021 at 21:50 Report
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Chartered Accountant
24588 Points Posted on 20 July 2021
Yes you can
129 Reply
On 20 July 2021 at 05:47
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Tax consultant
5895 Points Posted on 20 July 2021
A salary person can do that only changing from old to new or new to old
not all persons
57 Reply
On 20 July 2021 at 06:13
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Chartered Accountant
86505 Points Posted on 20 July 2021
If you are salaries employee or you have income from other sources only then only you can change.

Assessee having business income can not switch tax regime.
814 Reply
On 20 July 2021 at 07:43
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56 Points Posted on 20 July 2021
Thanks
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On 20 July 2021 at 08:27
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Chartered Accountant
86505 Points Posted on 20 July 2021
Welcome..... My pleasure.....
814 Reply
On 20 July 2021 at 09:00
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Chartered Accountant
24588 Points Posted on 20 July 2021
Your welcome
129 Reply
On 20 July 2021 at 09:12


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