An assessee opted for new regime in the A.Y 2021-22 by filing form no10IE within the situplated time. For the A.Y. 2022-23 return of income could not be filed within the due date wheather he is eligible for tax under new regime in the A.Y. 22-23.
K.S. ANANTHARAJAN (PRACTISING) (26 Points)
08 June 2022An assessee opted for new regime in the A.Y 2021-22 by filing form no10IE within the situplated time. For the A.Y. 2022-23 return of income could not be filed within the due date wheather he is eligible for tax under new regime in the A.Y. 22-23.
Shaikh Firoz
(37 Points)
Replied 08 June 2022
Eswar Reddy S
(CFO- at NHTF)
(58263 Points)
Replied 08 June 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 08 June 2022
Even if return not filed on time, assessee is eligible for new scheme.
CA Puja Sharma
(Chartered Accountant)
(4984 Points)
Replied 08 June 2022
The assessee is eligible to take the new regime in the FY 2021-22 or AY 2022-23 if he is not having a business income. Salaried professionals are allowed to choose their regime in every FY.
The taxpayer has to file Form 10E before filing the Income-tax Return in FY 2021-22 intimating the dept. that he has chosen the new tax regime,
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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