Answer

1. F

   Facts

   No. If you have no business or professional income, you choose the old or new regime in the ITR itself. Form 10-IEA is only for those with business or professional income. The choice must be made in a return filed by the due date.

2. P

   Provisions and law

   • Sec 115BAC (now Sec 202)New regime is the default; business filers opt out with Form 10-IEA by the Sec 139(1) due date
3. A

   Analysis

   The Form 10-IEA FAQ confirms that ITR-1 and ITR-2 filers without business income do not need the form. You can switch between regimes every year. But the old regime can be chosen only in a return filed by the due date; a belated return gets the new regime. For AY 2026-27, that due date for ITR-1 and ITR-2 was 31 July 2026.

4. C

   Conclusion

   1. 1Confirm you have no business or professional income.
   2. 2Compare tax under both regimes.
   3. 3Select the regime in the ITR.
   4. 4File by the due date to keep the old regime option.

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