Find
A filed Form 10-IEA cannot be revised or withdrawn in the same year. The old regime choice then applies for that year. Next year you can use your one re-entry to come back to the new regime.
ITR
Withdrawing a Form 10-IEA filed by mistake
Updated . Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
Provisions
Sec 115BAC (now Sec 202); Sec 115BAC (now Sec 202)
Analysis
FAQ 18 says revision is not allowed and a filed form cannot be withdrawn in the same year. So for AY 2026-27 you are in the old regime, and your tax is computed with old regime slabs and deductions. You can file a re-entry form in a later year, but that uses your single withdrawal. Think through the long term before filing any regime form.
Close
- Accept the old regime for the current year.
- Compute tax with old regime slabs and deductions.
- Decide whether to re-enter next year.
- If so, file the re-entry form by that year's due date.
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.