Answer

1. F

   Facts

   For a person without business income, the old regime can be chosen only in a return filed by the Sec 139(1) due date. A belated return is processed under the default new regime, where most deductions are not allowed.

2. P

   Provisions and law

   • Sec 115BAC, Income-tax Act 1961 (now Sec 202)The new regime is the default; a person without business income can opt out in a return filed by the due date.
   • Sec 143(1), Income-tax Act 1961 (now Sec 270(1))After processing your return, CPC sends an intimation showing tax payable or refund due, after only limited adjustments.
3. A

   Analysis

   If your AY 2026-27 return was filed after 31 July 2026, CPC will apply the new regime and drop claims like 80C, 80D and HRA, which can create a demand. If you did file on time and still got this result, check the opt-out answer in the return; a wrong tick is a return error. Some tribunal decisions have taken a softer view in special facts, so take advice before appealing.

4. C

   Conclusion

   1. 1Check your filing date against the due date.
   2. 2Check the regime question answered in the return.
   3. 3If filed late, accept the new regime computation or seek advice on an appeal.
   4. 4If filed on time with the right option, file a rectification.
   5. 5Next year, file before the due date if old regime saves tax.

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.