Income Tax Return e-filing: Can you keep switching between new and...

Dununu.com Dununu

Gesponsert

Income Tax Return e-filing: Can you keep switching between new and old tax regime every year? What taxpayers should know

RSS Feed Business

Posted

40

ITR filing FY 2024-25 (AY 2025-26): Taxpayers can choose between the old and new income tax regimes annually, provided they don't have business income. The new regime is now the default, requiring taxpayers to actively opt for the old one. This choice can be made at the start of the financial year or during ITR filing, but only if returns are filed by the due date.

Read Full Article

Please log in to like, share and comment!

Americans split on AI's future as leadership stalls and classrooms struggle

Von 0 3

Russia warns US against military action after Trump's 'may join' Israel remark

Amidst escalating tensions between Israel and Iran, Russia cautioned the United States against...

Von 0 5

COVID-19 risk persists at border checkpoints

KANCHANPUR: The risk of COVID-19 remains a concern at the border checkpoints in the Sudurpaschim...

Von 0 6

Nissanka’s gritty 187 helps Sri Lanka counter Bangladesh’s 495 on Day 3

Pathum Nissanka's impressive 187 propelled Sri Lanka to 368-4 on the third day of the first Test...

Von 0 6

5th-generation stealth fighter: India launches hunt for partners to build futuristic jet; invites bids to build AMCA prototypes

Von 0 8