Form No. 10-IEA is used by individuals and entities to exercise or withdraw the option under Section 115BAC of the Income-tax Act, 1961 for the new tax regime. This form captures essential details such as PAN, assessment year, tax regime selection (opt-in or opt-out), and IFSC unit information where applicable. Filing Form 10-IEA ensures proper compliance and enables taxpayers to manage their choice between the old and new tax regimes effectively.
Source: https://incometaxindia.gov.in
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[MBA in Finance]
Nazim Khan is an expert in Microsoft Excel. He teaches people how to use it better. He has been doing this for more than ten years. He is running this website (TechGuruPlus.com) and a YouTube channel called "Business Excel" since 2016. He shares useful tips from his own experiences to help others improve their Excel skills and careers.
