Question regarding changing between old and new tax regime

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....uestion regarding changing between old and new tax regime<br> Query (Issue) Started By: - Jignesh Desai Dated:- 29-11-2020 Last Reply Date:- 2-3-2021 Income Tax<br>Got 1 Reply<br>Income Tax<br>In case....

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.... an Individual having Business Income in his return every year opts for the old tax regime for A.Y. 2021-2022 , can he opt for the new tax regime in any subsequent year , for e.g. A.Y. 2024-2025 ? In....

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.... case this is possible & he opts for the new tax regime in A.Y. 2024-2025 , in any later year , can he go back to the old tax regime ? Or will he have to stick to the new tax regime for ever after A.Y....

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..... 2024-2025 ? Can you substantiate your reply with reference to any rule , circular , notification , etc ? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view once you go to the new scheme th....

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....ere may not be any reversal to the old one.<br> Discussion Forum - Knowledge Sharing ....