I have business income, I have wrongly filed Form 10-IEA but want to file the return under new tax regime. As there is no option to withdraw Form 10-IEA in that case whether my return can be filed under new tax regime?

I have business income, I have wrongly filed Form 10-IEA but want to file the return under new tax regime. As there is no option to withdraw Form 10-IEA in that case whether my return can be filed under new tax regime? https://www.taxtmi.com/manuals?id=4559 Once Form 10IEA is filed for an assessment year it cannot be revoked or withdrawn in that same assessment year; a taxpayer seeking to opt for the new tax regime after filing must make the withdrawal or re-file the election in the next assessment year, and the option to remain under the old regime must be exercised before the due date for filing the return under the return-filing provision. en-us Fri, 05 Jul 2024 13:05:00 +0530 Fri, 05 Jul 2024 13:05:00 +0530 TaxTMI RSS Generator I have business income, I have wrongly filed Form 10-IEA but want to file the return under new tax regime. As there is no option to withdraw Form 10-IEA in that case whether my return can be filed under new tax regime? https://www.taxtmi.com/manuals?id=4559 Once Form 10IEA is filed for an assessment year it cannot be revoked or withdrawn in that same assessment year; a taxpayer seeking to opt for the new tax regime after filing must make the withdrawal or re-file the election in the next assessment year, and the option to remain under the old regime must be exercised before the due date for filing the return under the return-filing provision. Manuals Income Tax Fri, 05 Jul 2024 13:05:00 +0530 https://www.taxtmi.com/manuals?id=4559