Nikhil Kaushik
(Fellow CA)
(86474 Points)
Replied 02 April 2024
if you are filing ITR-1 or ITR-2, then not required.
CA Roomi Gupta
(FCA)
(157 Points)
Replied 02 April 2024
From FY 2023-24 (AY 2024-25) onwards New Regime is default regime and if any taxpayer wants to opt Old Regime then he has to file a form 10IEA in case he is filing ITR 4 or ITR 3 in case of business or Profession.
Garg Enterprises
(11 Points)
Replied 02 April 2024
APURBA CHATTERJEE
(QUALIFIED CHARTERED ACCOUNTANT)
(608 Points)
Replied 03 April 2024
No, not required to file FORM 10IEA
Nikhil Kaushik
(Fellow CA)
(86474 Points)
Replied 03 April 2024
if you have business income, once you have chosen new regime, you cannot revert to the old regime.