An individual is receiving income fromt PGBP under 44AD this year.
It is expected that he will be having only income from salary after 2 years.
This AY, new regime sou ds beneficial for the assessee.
In case, if I opt for new regime this year, I can opt out only once.
If after 2 years, old regime is beneficial for One year and the very next year the new regime sounds beneficial, can the assessee again opt in for new regime??
4 Replies
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 19 October 2022
Yes.. Every year it can be changed if it is beneficial to tax payer
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 19 October 2022
| Originally posted by : Renu | ||
 |
Even when I'm having PGBP income?? |  |
No.
But hoping that the income from PGBP will not be there after two years, you will have option to change it every year then.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 22 October 2022
If you use Presumptive basis also you can opt for new or old regime whichever is beneficial to you
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