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ITR Filing 2025: Strict rules for Old Tax Regies, no longer will be found without evidence – ITR Filing 2025 New Rules for Old Tax Regime Require Proof for every deduction

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ITR Filing 2025: The process of filing income tax returns (ITR) for FY 2024-25 (Assessment Year 2025-26) has become more strict than before. Taxpayers who choose the old tax regimen will now have to provide documentary evidence to claim the investment and expenses made under different sections.

The Income Tax Department has made it clear that now there will be no exemption from the entry of only lump sum. All deductions will require detail breakup and related investment or details. Its purpose is to stop wrong deduction and fake refund claim.

What has changed in tax deduction?

Now taxpayers will have to link information about investment and expenditure to PAN and Aadhaar. This will make cross-verification possible from insurance companies, banks, vehicle portals, employers and other government platforms. The tax department hopes that the move will help prevent wrong returns and hidden income.

Which deduction will have to be given information?

  1. Section 80C (Investment): For LIC, PPF, NSC, ELSS, Home Loan Principal etc. it will be mandatory to give policy number or documentation number.
  2. House Rent Allowance (HRA): Employees will have to tell their basic salary, workplace location, HRA and paid fare.
  3. Section 80D (Health Insurance): The name and policy number of the insurance company will have to be given.
  4. Section 24B (Interest on Home Loan): It is necessary to give the name of the loan institution, loan account number, date of selection, total loan amount, existing arrears and interest amount.
  5. Section 80E (Higher Education Loans): Interest amount will have to be given with complete information of the loan account.
  6. Section 80EEB (Electric Vehicle Loan): Along with loan details, the registration number of the vehicle will also have to be given.
  7. Section 80DDB (Treatment of serious diseases): The name of the disease being treated has to be clarified.
  8. Section 80ea (Loan on cheap houses): All information will have to be shared according to section 80ee.

ITR filling deadline increased

Many changes have been made in the New Tax Rezim and ITR form with Old Tax Rizim. Due to this, the Income Tax Department has extended the last date for filling ITR for assessment year 2025-26 from 31 July to 15 September 2025. This means that now taxpayers will get additional time of 45 days to file returns.

Experts say that taxpayers should keep proofs related to all investment and expenses in advance. This will enable more timely returns to be filed. The tax department can take action on giving incorrect information or claiming deduction without documentary evidence.

Also read: What will happen to EPS after withdrawing PF money? What will be the right of pension?

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