ITR Filing 2026: Can You Switch From New To Old Tax Regime And Still Claim Deductions Even If Employer Defaulted To New? Explained
India, June 14 -- Can You Switch Tax Regime While Filing ITR 2026? Yes, salaried individuals are allowed to switch from the new tax regime selected by their employer for TDS purposes to the old tax regime while filing their Income Tax Return (ITR). The tax regime chosen by the employer is only used for the deduction of Tax Deducted at Source (TDS) during the financial year and does not determine the final tax liability of the taxpayer. At the time of filing the ITR, the individual has the freedom to select the most beneficial regime. Therefore, taxpayers can review both options and choose the one that offers maximum tax savings and benefits.
Eligibility To Switch Tax Regime For ITR 2026
Step-By-Step Process To Switch Tax Regime & Claim ...
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