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Home > Income Tax > Help Center > Switching Rules Last Updated: Aug 02nd 2024

Old or New Income Tax Regime — Switching Rules

Want to increase your refunds by switching income tax regimes?

Starting from FY 2023-24 (AY 2024-25), the rules for switching tax regimes are different and are based on return types such as original, belated, defective, and modified, and the itr forms such as ITR-1/2/3/4.

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Possibilities to Switch a Tax Regime for FY 2023-24 onwards

  1. Pick and ITR form 1/2/3/4 that you are filing
  2. Pick the return type you are filing like Original, Belated, Revised, Defective, and Updated
  3. Check below table to see whether it is allowed to select a tax regime or not?
Filing Type
ITR FormOriginalBelatedUpdated Revised * Defective
ITR-1Old/New RegimeNew RegimeNew Regime Check below table * Follow the Original ITR's Tax Regime.
ITR-2Old / New RegimeNew RegimeNew Regime
ITR-3Old / New RegimeNew RegimeNew Regime
ITR-4Old / New RegimeNew RegimeNew Regime


Revised Return's tax regime switching rules

Original filed under?ITR-1ITR-2ITR-3ITR-4
Old RegimeOld / New RegimeOld / New RegimeOld / New RegimeOld / New Regime
New RegimeOld / New RegimeOld / New RegimeNew Regime ^New Regime ^

^NOTE : If you have submitted ITR 3 or ITR 4 in the New tax regime in your original return, but you have also submitted form 10IEA before July 31, you may continue to file under the Old tax regime. This is an exception; otherwise, it may only be submitted under the new tax regime.



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