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PeppyMochi
PeppyMochi
Transunion

Can we change tax regime during filing ITR?

Need advices from folks who have done or know about the tax regime.

I have selected Old Tax Regime in my tax planning initially at workplace but during filing ITR i am thinking to switch to New Tax Regime.

Is that possible?

14mo ago
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GroovyPenguin
GroovyPenguin
TCS14mo

Yes you can change it while filling ITR

PeppyMochi
PeppyMochi
Transunion14mo

Thank you

JumpyLlama
JumpyLlama
EY14mo

Yes you can

PeppyMochi
PeppyMochi
Transunion14mo

Thank you

PrancingKoala
PrancingKoala
Amazon14mo

Nope. It cannot be changed after it's locked during declaration.

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