Please guide while filling ITR return [salary income] what one should opt for ITR filling old or new regime?
Which format is giving more benefiting?
Thanx in Advance.
Just a moment...
Are you sure you want to delete your reply beginning with '' ?
Are you sure you want to delete your Issue titled: '' ?
Please guide while filling ITR return [salary income] what one should opt for ITR filling old or new regime?
Which format is giving more benefiting?
Thanx in Advance.
Old Query - New Comments are closed.
You have to check which regime benefits you more. You can use the the link below to check
https://eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator
If you want to claim deductions like interest paid on housing loan, PT, LTA, HRA etc. then choose old regime. In new regime most of the deductions are not allowed including those mentioned above.
The information is insufficient to give an answer which requires examination of various facts and circumstances.
It is most advisable to consult a tax expert and get an expert opinion. Otherwise, you may find many online calculators wherein if you give details of income and deductions, system will show which method is beneficial.
Old Query - New Comments are closed.