[QUIZ] All individual taxpayer’s can switch between old and new income tax regimes every year

What is your answer?
  • True
  • False

0 voters

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I voted No. Majority votes is Yes.

This is a tricky question. Little doubtful about the answer. Please share answer when its over

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Hi @Sandeep_G Sure. We will update the answers when we close the quiz.

Thank you for participating :grinning:

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Thank you for actively participating and being part of the journey!

:tada: @Deepti @A984SCE @subbu_1974 @Ajanthat @Sreeja @Ankit @Babu @Arpana @Shwetha @sarika.bansode @Sandeep_G :tada:

You mean a lot to us. Please keep up the great work going ahead.

Here is a interesting new Poll. Please vote and share your views. :writing_hand:

Request all visitors to vote and show your support. Thanks.

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Hi @sand[quote=“Sandeep_G, post:2, topic:2356, full:true”]
I voted No. Majority votes is Yes.

This is a tricky question. Little doubtful about the answer. Please share answer when its over
[/quote]

Yes, you were right. some clarity here:

For individuals with business income, switching between the old tax regime and the new tax regime is not allowed. That means, if you choose a new tax regime for this financial year, you cannot switch back to the old tax regime in the coming financial years.”

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Hi Vidyaranjan

Yes True every Salaried individual tax payers can switch between Old and New regime every year. But Individuals with own business can’t change.

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