June 2025 | New Delhi
The Income Tax Department has introduced significant updates in the ITR Excel utility for Assessment Year 2025-26 (Financial Year 2024-25), aimed at enhancing transparency and speeding up processing. These changes are particularly relevant for salaried taxpayers and individuals opting for the old tax regime.
As per the latest utility, enhanced validation rules have been implemented. Taxpayers must now provide detailed disclosures when claiming deductions under:
- House Rent Allowance (HRA)
- Section 80C (e.g., LIC, PPF, ELSS etc.)
- Section 80D (Health Insurance)
- Section 80E (Education Loan Interest)
- Section 80EE/80EEA (Home Loan Interest)
- Section 80EEB (Electric Vehicle Loan Interest)
- Section 80DDB (Medical Treatment of Specified Diseases)
The move is part of the department’s ongoing effort to curb inflated or false claims and ensure quicker and more accurate ITR assessments.
Taxpayers are advised to keep supporting documents ready and cross-check entries while filing to avoid processing delays or compliance notices.
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