Don’t fill Form 10- IEA without knowing this | Old Regime Tax Filing

Описание: Switching to the Old Tax Regime?

If you're an individual or HUF with business or professional income filing ITR-3 or ITR-4, you must file Form 10-IEA to opt for the Old Tax Regime!
Individuals and HUFs without business or professional income need not file Form 10-IEA.
Remember to assess the best regime for you before filing Form 10-IEA, and provide all relevant information while filing.
Don't forget:
🔸File it before your ITR due date
🔸Once filed, it can’t be changed for the same year
🔸You can switch back next year by filing it again! Remember, you can shift back to the new regime only once.
🔸ITR-1 & ITR-2 filers? No need to file Form 10-IEA!