Change to old tax regime
This query is : Resolved
16 November 2023
I have salary income and my employer has deducted tds from my salary as per the new tax regime. So I want to opt for the old tax regime. Is it possible to change to old tax regime I the middle of the year?
17 November 2023
Yes, you can change at any time till filing ITR.
17 November 2023
If I dont want my employer to deduct further tds so how can I change it in the middle of the year?
17 November 2023
Give a letter to your employer.
17 November 2023
Till thre time of filing of income tax return you have chance to choose old or new tax system. You can communicate to employer to deduct tax under the regim which is most beneficial to you.
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