Can You Change Tax Regime While Filing ITR? Here’s the Rule

Change from the previous tax regime to the new one. The current income tax filing deadline is July 31, 2025. Every employee whose pay is within the tax slab is required to file an ITR. Many of us wonder if we can convert from the previous tax regime to the new one when submitting our ITRs in any such circumstance.

There are two ways for taxpayers to submit their ITRs. These consist of the New Tax Regime and the Old Tax Regime. Taxpayers who earn around Rs 12 lakh a year will not be required to pay any taxes under the new tax system.

Nevertheless, this tax system does not offer numerous tax exemptions. Section 80C is one of these. A tax exemption of Rs 1.5 lakh is granted under Section 80C under the previous tax system. The advantages of the two tax regimes differ.

Many taxpayers are wondering if they may move from the previous tax system to the current one or if they can return to the previous system after the new one has been implemented. Please inform us of any new regulations about the tax regime.

Any taxpayer can currently switch from the previous tax regime to the new one under the income tax regulations. This option will be available to you when you file your ITR. This indicates that if an individual filed an ITR in 2024–2025 and selected the previous tax regime. so that when he files his ITR for 2025–2026, he can select the new tax regime.

This is how it would have worked if someone had been using the new tax regime in 2024–2025. for him to submit an ITR this year under the previous tax system.

Taxpayers are presented with an option immediately when they file their ITR. When you are asked if you wish to remain exempt from the new tax regime under section 115BAC. Under the previous tax system, your tax will be automatically withheld if you choose “yes.”

Money will be withheld under your new tax regime if you select the “No” option. You are free to select any tax regime that suits your needs.

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