Hi Sumit, can you please double check here again @2:24. I was checking the FAQs at Income Tax deptt. website and found that you can actually enter new tax regime in next assessment year by withdrawing it. However, as per your explanation, it appears that once you have selected old regime, you are struck with for the rest of the life. Below is the text from the FAQ: FAQ#13: 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? Answer: Once Form 10IEA is filed for AY 2024-25, then it cannot be revoked / withdrawn in same AY. If you wish to re-enter into new tax regime then you can file Form 10IEA for withdrawal option in the next assessment year. Again it is emphasised that that the choice of old tax regime can be made only before the due date of filing the return u/s 139(1) of IT Act.
ITR 1 and ITR2 wale every year new or old change kar sakte hai or use change akrne ki koi limit hai, like 1 time ot 2 time hi changes kar sakte hai waisa kuch
Sir ji hamara business hai aur hum itr3 file kar rahe hai this time aur humme new regime se old regime ke liye form file kar diya hai. Next year yadi hum itr1 ya itr2 file kare to kya fir se New régime me aa sakte hai...
Sir mujhe 23-24 ka itr bharna hai .phone se hi ho jayega kya??? Agar ho sakta hai to complete process wala video suggest kar dijiye .... Jisme phone se hi sara itr file kar sakte hai....please
Sir I am a salaried person.Last year i fill itr 3 because of doing option trading but this year i have not done option trading.can I fill itr 1 this year.Sir please reply
Hallo sir mere march m 13 tarik KO salri agaye uske bad m job p nhi gaya 1 April KO rigin Kar deya exit mark m march ka calender open ho rha h last date 31 dal di h sir From rejact to nhi hoga sir
Hi Sir. Sir main old regime mein itr1 file kar rha hu. But 80c, hra deductions sab kuch disable aa raha hai or maine NEW regime No select kiya hai. Any idea sir.
Hello Sir, I usually file ITR3 I have filled form 10IEA and taken Old Tax Regime by mistake But still wants to file in New Tax Regime Can I do it ?? Please Reply 🙏🙏🙏🙏🙏🙏🙏😓😓😰😰
Sir meri salary income h.aur mene FY ke starting me hi new regime select kr diya tha, mera form 16 new regime ke sath generate hua h. But abhi ITR 1 file krne me problem ho rhi h. Kya new regime Wale ITR file nhi kr sakte. Mujhe old regime me switch krna h. To kese krna hoga mujhe. Pls help
Hallo sir mere march m 13 tarik KO salri agaye uske bad m job p nhi gaya 1 April KO rigin Kar deya exit mark m march ka calender open ho rha h last date 31 dal di h sir From rejact to nhi hoga sir pf
It says cannot be withdrawn for the SAME assessment year. Then it can be withdrawn LATER?
Technical issue
Hi Sumit, can you please double check here again @2:24. I was checking the FAQs at Income Tax deptt. website and found that you can actually enter new tax regime in next assessment year by withdrawing it. However, as per your explanation, it appears that once you have selected old regime, you are struck with for the rest of the life. Below is the text from the FAQ:
FAQ#13: 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?
Answer: Once Form 10IEA is filed for AY 2024-25, then it cannot be revoked / withdrawn in same AY. If you wish to re-enter into new tax regime then you can file Form 10IEA for withdrawal option in the next assessment year. Again it is emphasised that that the choice of old tax regime can be made only before the due date of filing the return u/s 139(1) of IT Act.
If ITR 3 or 4
Optional available once
If ITR 1,2 can switch every year
ITR 1 and ITR2 wale every year new or old change kar sakte hai or use change akrne ki koi limit hai, like 1 time ot 2 time hi changes kar sakte hai waisa kuch
No limit
Thank you 👍😊
Sirji agar koi exceptions nahi hai aur hum ne bina 10iea k return file kar diya hai kya iska matlab hamara itr new regime me file huwa hai kya?
10IEA not required in ITR 1 and 2
@@CASumitSharma for 3 and 4
Sir,Last year itr kartey samay 10ie bharke new regime mein jate they ye saal ulta karna hy old regime me jane k form 10iea bharna hy na ?
Ji
plz tell me where is this option of opt out in beginning of filing itr or end?
General information
Are you opting out 115bac6
Yes
Sir
Itr file karne ke baad TDS ka amount bank account mein le saqte hai
Please reply
Jis pen m TDS cut hua h usse link bank account hona chahiye use validate kroge uske baad hi refundable hoga amount
Yes
Ok thanks both of you
Sir ji hamara business hai aur hum itr3 file kar rahe hai this time aur humme new regime se old regime ke liye form file kar diya hai. Next year yadi hum itr1 ya itr2 file kare to kya fir se New régime me aa sakte hai...
Yes
Sir मैंने पुरानी टेक्स स्लैब से itr भर दिया है verify भी कर दिया तो अब edit करके नई टेक्स स्लैब ले सकता हूँ क्या
Yes
In revise ITR
Sir mujhe 23-24 ka itr bharna hai .phone se hi ho jayega kya??? Agar ho sakta hai to complete process wala video suggest kar dijiye .... Jisme phone se hi sara itr file kar sakte hai....please
Phone se nahi hoga
How to file ITR U
Video already uploaded
Thank you so much sir....
Sir I am a salaried person.Last year i fill itr 3 because of doing option trading but this year i have not done option trading.can I fill itr 1 this year.Sir please reply
Yes
@@CASumitSharma Thanks Sir
Hallo sir mere march m 13 tarik KO salri agaye uske bad m job p nhi gaya 1 April KO rigin Kar deya exit mark m march ka calender open ho rha h last date 31 dal di h sir From rejact to nhi hoga sir
NHi
@@CASumitSharma Rejact to nhi hoga sir kitni tme laga sattl hone m 1 jun aply form keya
21 working days
Rejact nhi hoga sir
@@CASumitSharma sir m IT1 bhar raha hu aur maine galati se new regime opt kiya par ab muze old regime m jana h kaise jaye?
i just do intra day , so is it applicable for me also that , i cant switch between new regime once i opt for old ?
Once you can opt old tax regime
Then you have stay in old only
Otherwise new tax regime every year need to opt
@@CASumitSharma Thanks 👍
Sir, mna is saal business income new ma bhar di kya ma agla saal old ma ja skta hu
Yes
मैम न्यू टैक्स रिजिम में
10(14)(1) , 10(14)(2) के अंतर्गत चिल्ड्रन एजुकेशन एलाउंस व यूनिफॉर्म एलाउंस की छूट मिलती है या नहीं
No
Hi Sir. Sir main old regime mein itr1 file kar rha hu. But 80c, hra deductions sab kuch disable aa raha hai or maine NEW regime No select kiya hai. Any idea sir.
Select 115bac(6) as yes
In general information
Hello Sir, I usually file ITR3
I have filled form 10IEA and taken Old Tax Regime by mistake
But still wants to file in New Tax Regime
Can I do it ??
Please Reply 🙏🙏🙏🙏🙏🙏🙏😓😓😰😰
Yes
Through revise ITR
@@CASumitSharma means I can file New Tax Regime now?
I haven't filed yet ITR3
Sit maine galati se new regime opt kiya , ab old tax regime m itr kaise fill karu , m salary person hu
Revise ITR
Next year withdraw kar sakte hai
Kya
@@CASumitSharmanew tax regime me Ana ho to kya 10IEA withdraw kar sakte hai
If business income then no
If ITR 1 or 2 then yes
Sir meri salary income h.aur mene FY ke starting me hi new regime select kr diya tha, mera form 16 new regime ke sath generate hua h. But abhi ITR 1 file krne me problem ho rhi h. Kya new regime Wale ITR file nhi kr sakte. Mujhe old regime me switch krna h. To kese krna hoga mujhe. Pls help
You can choose any old or new tax regime
Audit itr main due date kya hoga form file karne ka
Audit 30th September
ITR of audit case 31st October
@@CASumitSharma form 10 ie bhar sakte h itr 3 main
@@CASumitSharma form 10 IE bhar sakte h agar meri itr ki due date 31 October hai audit itr hai
Yes
@@CASumitSharma usme 31 july tu nhi hogi na agar meri itr audit ka hai tu
opting ouot option par blue round me selection nahi ho rha hai
Technical glitch
Sir ye form fill karte time basic information me aake opting out and re entering wala option hi disable hai...iske bina page save hi nahi ho raha..?
Clear cache history and retry
Hlo sir mera 2022-2023 ka ITR refund nhi kiya h wo m abhi bhar skta hu wo mera refund hojayega
No
@@CASumitSharma wo refund nhi ho payega ab
@@CASumitSharma uske liye koi rule h
Nhi ho payega
Bhool jao
Jitna jaldi ho sakta hai
Sir ji, by mistake fill 10 IEA but I want to chose new text regime, what can I do, can return after 31st july
You can simply select new tax regime while filling ITR
@CASumitSharma where is the option to choose that
Can we go to new tax regime after filling 10IEA
As I have to file ITR 4
@@ramangamifacing same issue.
Does it work ??
means, can we file in New Tax Regime, even if we filled 10IEA
sir itr 2 STCG salaries othersource EI OLD TAX REGIME
new video upload kare....
Will try
Bhai galti se 10IEA bhar diya . How to revoke it
File ITR in new regime not an issue
@@CASumitSharma Thanks a lot sir. Regards
Great information sir 🎉
Thanks 😊
Thank you sir
Good Information
Most welcome
Itr 1 ka btana sir hew ragime mai
No need
Nice information sir
Thanks 😊
I have a professional income. If I select the old scheme this year, can I choose the new scheme next year?
No
@@CASumitSharma sir but,once in a life time we can choose right?
New regime is default
Once you can opt for old
Once opted for can't come back in new
Thanks for valuable info
My pleasure
Thanks sir
Most welcome
Unable to opt out
What error you are facing
Hallo sir mere march m 13 tarik KO salri agaye uske bad m job p nhi gaya 1 April KO rigin Kar deya exit mark m march ka calender open ho rha h last date 31 dal di h sir From rejact to nhi hoga sir pf
Nhi