New Tax Regime Opting Previous Year
Amit Jain (Proprietor ) (537 Points)
16 November 2022In FY 2021-22 he has business income whether he can opt for new Tax Regime
Note: He has not filed 10IE form
Amit Jain (Proprietor ) (537 Points)
16 November 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177840 Points)
Replied 16 November 2022
Yes, after filling form 10 IE within due date.
Aanchal Aggarwal
(76 Points)
Replied 16 November 2022
Hi Amit!
Mr. Dhirajlal is correct, you can opt if you file form 10IE within due date but please note those with business income can only choose once and not switch back ever year like in case of people other than business income.
Thanks