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How to claim home loan deduction for previous years when I chose New Regime for 2023-24?

Page no : 2

Bharath Swaminathan (19 Points)
Replied 08 July 2024

Last year, i opted for New Tax Regime(23-24) from my employer, therefore the form 16 given to me does not have telephone/internet reimbursement tax deductions. However i have all the internet bills for the last year (23-24). I have found that i can change my tax regime during ITR filing to old, can i claim my telephone reimbursement and also fuel reimbursement under section 10(14) Expenses on allowances paid to meet personal expenses while filing ITR? Thank you for your time.


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (168945 Points)
Replied 08 July 2024

Yes, you can change the regime while filing ITR, but be ready to provide all these details to ITD, as and when query be raised. Department sends notices to the assessee who claim deductions which are not given in form 16.


Bharath Swaminathan (19 Points)
Replied 08 July 2024

Thank You. while filing ITR can we claim under Section 10) Expenses on allowances paid to meet personal expenses which is missing in form 16?


Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (168945 Points)
Replied 08 July 2024

Yes, but explanation my be asked by ITD.



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