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Case lawITAT › Adit Nilesh Shah v Deputy Commissioner of Income Tax
ITATHelps taxpayerValidity unconfirmeds.115BACs.115BAC(1A)s.115BAC(6)s.139(1)s.143(1)s.250

Adit Nilesh Shah v Deputy Commissioner of Income Tax

My consultant filed Form 10-IEA opting me out of the new regime by mistake, but my return was computed under s.115BAC(1A). The CPC has processed me under the old regime. Can the return prevail over the form?

My consultant filed Form 10-IEA opting me out of the new regime by mistake, but my return was computed under s.115BAC(1A). The CPC has processed me under the old regime. Can the return prevail over the form?

Yes, on these facts. The Bangalore Tribunal directed the CPC to process the return for AY 2025-26 under the new regime under s.115BAC(1A) as opted in the return, holding that a bona fide procedural mistake in filing Form 10-IEA should not subject the assessee to a regime contrary to the choice clearly reflected in the return filed afterwards. It rejected the Commissioner (Appeals)' view that digital verification of the Form made it conclusive.

Decided by the ITAT (Shri Waseem Ahmed (Accountant Member) and Shri Keshav Dubey (Judicial Member)) on 2026-08-17, reported as ITA No. 2152/Bang/2026 (ITAT Bangalore, 'A' Bench); Assessment Year 2025-26. It bears on section 115BAC, section 115BAC(1A), section 115BAC(6), section 139(1), section 143(1), section 250 of the Income Tax Act 1961, in Assessment & Scrutiny and How Tax Law Is Read matters.

Validity check could not be completed. Validity check could not be completed. No search for later treatment was run. The order does not address the proviso to s.115BAC(6), which permits a person with business or professional income to withdraw the opt-out only once and thereafter never to exercise it again; the Tribunal treated the Form as an inadvertent filing rather than as an exercised option withdrawn, so the proviso was not engaged on its reasoning.

Why it matters

The direction of travel here is the whole point and it is the opposite of the pre-2023 position. From AY 2024-25 the regime in s.115BAC(1A) is the default; it is opting OUT that requires a form, and Form 10-IEA is that form. An entry or an argument built on the older idea that s.115BAC is an option to be exercised is wrong for every current year. The second thing to take from this is the risk that was avoided. The assessee was a professional, so his opt-out would have fallen under clause (i) of s.115BAC(6), and under the proviso to that sub-section an option once exercised may be withdrawn only once, after which the person is never again eligible to exercise it while he has business or professional income. Had the stray Form 10-IEA stood and then been withdrawn, it would have consumed his single withdrawal. Note also the two limits the Tribunal relied on: the return was filed after the Form, and no deduction available only under the old regime had been claimed — an assessee who claims both is not within this reasoning.

Binding on the AO and CIT(A) within the Tribunal's jurisdiction. Persuasive elsewhere.

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