{"id":649,"date":"2025-04-24T13:09:28","date_gmt":"2025-04-24T13:09:28","guid":{"rendered":"https:\/\/komplytek.com\/blogs\/?p=649"},"modified":"2025-07-25T07:59:37","modified_gmt":"2025-07-25T07:59:37","slug":"important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26","status":"publish","type":"post","link":"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/","title":{"rendered":"Important Amendments to ITR Filing Rules for the Financial Year 2025\u201326"},"content":{"rendered":"<body><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%86%95_New_Tax_Regime_Becomes_the_Default\" >\ud83c\udd95 New Tax Regime Becomes the Default<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%93%8A_Revised_Income_Tax_Slabs_Under_New_Regime\" >\ud83d\udcca Revised Income Tax Slabs Under New Regime<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%92%B8_Enhanced_Standard_Deduction\" >\ud83d\udcb8 Enhanced Standard Deduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%94%81_Increased_Rebate_Under_Section_87A\" >\ud83d\udd01 Increased Rebate Under Section 87A<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%93%88_Higher_TDS_Thresholds\" >\ud83d\udcc8 Higher TDS Thresholds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%A7%BE_Simplified_ITR_Forms\" >\ud83e\uddfe Simplified ITR Forms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/#%F0%9F%93%8B_Summary_Table_of_Key_Changes\" >\ud83d\udccb Summary Table of Key Changes<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"142\" data-end=\"182\" id=\"mcetoc_1j109e5lf0\"><span class=\"ez-toc-section\" id=\"%F0%9F%86%95_New_Tax_Regime_Becomes_the_Default\"><\/span>\ud83c\udd95 <span style=\"color: #3a64a7;\">New Tax Regime Becomes the Default<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"184\" data-end=\"255\">The new tax regime under <strong data-start=\"209\" data-end=\"227\">Section 115BAC<\/strong> is now the <strong data-start=\"239\" data-end=\"250\">default<\/strong> for:<\/p>\n<ul data-start=\"257\" data-end=\"407\">\n<li data-start=\"257\" data-end=\"272\">\n<p data-start=\"259\" data-end=\"272\">Individuals<\/p>\n<\/li>\n<li data-start=\"273\" data-end=\"308\">\n<p data-start=\"275\" data-end=\"308\">Hindu Undivided Families (HUFs)<\/p>\n<\/li>\n<li data-start=\"309\" data-end=\"343\">\n<p data-start=\"311\" data-end=\"343\">Associations of Persons (AOPs)<\/p>\n<\/li>\n<li data-start=\"344\" data-end=\"376\">\n<p data-start=\"346\" data-end=\"376\">Bodies of Individuals (BOIs)<\/p>\n<\/li>\n<li data-start=\"377\" data-end=\"407\">\n<p data-start=\"379\" data-end=\"407\">Artificial Juridical Persons<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"409\" data-end=\"506\">\ud83d\udc49 Taxpayers can <strong data-start=\"426\" data-end=\"452\">opt for the old regime<\/strong> by indicating their preference when filing their ITR.<\/p>\n<hr data-start=\"508\" data-end=\"511\">\n<h2 data-start=\"513\" data-end=\"560\" id=\"mcetoc_1j109e5lf1\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8A_Revised_Income_Tax_Slabs_Under_New_Regime\"><\/span><span style=\"color: #3a64a7;\">\ud83d\udcca Revised Income Tax Slabs Under New Regime<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"562\" data-end=\"649\">Under the new tax regime, income is taxed progressively across defined income brackets:<\/p>\n<ul data-start=\"651\" data-end=\"1124\">\n<li data-start=\"651\" data-end=\"712\">\n<p data-start=\"653\" data-end=\"712\"><strong data-start=\"653\" data-end=\"663\">No tax<\/strong> is levied on annual income up to <strong data-start=\"697\" data-end=\"710\">\u20b94,00,000<\/strong><\/p>\n<\/li>\n<li data-start=\"713\" data-end=\"774\">\n<p data-start=\"715\" data-end=\"774\">Income from <strong data-start=\"727\" data-end=\"753\">\u20b94,00,001 to \u20b98,00,000<\/strong> is taxed at <strong data-start=\"766\" data-end=\"772\">5%<\/strong><\/p>\n<\/li>\n<li data-start=\"775\" data-end=\"850\">\n<p data-start=\"777\" data-end=\"850\">The <strong data-start=\"781\" data-end=\"788\">10%<\/strong> rate applies to income between <strong data-start=\"820\" data-end=\"848\">\u20b98,00,001 and \u20b912,00,000<\/strong><\/p>\n<\/li>\n<li data-start=\"851\" data-end=\"919\">\n<p data-start=\"853\" data-end=\"919\">Income between <strong data-start=\"868\" data-end=\"897\">\u20b912,00,001 and \u20b916,00,000<\/strong> is taxed at <strong data-start=\"910\" data-end=\"917\">15%<\/strong><\/p>\n<\/li>\n<li data-start=\"920\" data-end=\"992\">\n<p data-start=\"922\" data-end=\"992\">A <strong data-start=\"924\" data-end=\"931\">20%<\/strong> tax is charged on income from <strong data-start=\"962\" data-end=\"990\">\u20b916,00,001 to \u20b920,00,000<\/strong><\/p>\n<\/li>\n<li data-start=\"993\" data-end=\"1066\">\n<p data-start=\"995\" data-end=\"1066\">For income between <strong data-start=\"1014\" data-end=\"1043\">\u20b920,00,001 and \u20b924,00,000<\/strong>, the rate is <strong data-start=\"1057\" data-end=\"1064\">25%<\/strong><\/p>\n<\/li>\n<li data-start=\"1067\" data-end=\"1124\">\n<p data-start=\"1069\" data-end=\"1124\">Any income exceeding <strong data-start=\"1090\" data-end=\"1104\">\u20b924,00,000<\/strong> is taxed at <strong data-start=\"1117\" data-end=\"1124\">30%<\/strong><\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1126\" data-end=\"1298\">\u2705 <strong data-start=\"1128\" data-end=\"1184\">With the standard deduction now increased to \u20b975,000<\/strong>, individuals earning up to <strong data-start=\"1212\" data-end=\"1236\">\u20b912.75 lakh annually<\/strong> under the new regime <strong data-start=\"1258\" data-end=\"1297\">will not have to pay any income tax<\/strong>.<\/p>\n<hr data-start=\"1300\" data-end=\"1303\">\n<h2 data-start=\"1305\" data-end=\"1338\" id=\"mcetoc_1j109e5lf2\"><span class=\"ez-toc-section\" id=\"%F0%9F%92%B8_Enhanced_Standard_Deduction\"><\/span><span style=\"color: #3a64a7;\">\ud83d\udcb8 Enhanced Standard Deduction<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1340\" data-end=\"1503\">The <strong data-start=\"1344\" data-end=\"1366\">standard deduction<\/strong> has been increased from <strong data-start=\"1391\" data-end=\"1413\">\u20b950,000 to \u20b975,000<\/strong>, benefiting <strong data-start=\"1426\" data-end=\"1465\">salaried individuals and pensioners<\/strong> by reducing their <strong data-start=\"1484\" data-end=\"1502\">taxable income<\/strong>.<\/p>\n<hr data-start=\"1505\" data-end=\"1508\">\n<h2 data-start=\"1510\" data-end=\"1550\" id=\"mcetoc_1j109e5lf3\"><span class=\"ez-toc-section\" id=\"%F0%9F%94%81_Increased_Rebate_Under_Section_87A\"><\/span><span style=\"color: #3a64a7;\">\ud83d\udd01 Increased Rebate Under Section 87A<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1552\" data-end=\"1710\">With the <strong data-start=\"1561\" data-end=\"1607\">rebate under Section 87A raised to \u20b960,000<\/strong>, individuals earning up to <strong data-start=\"1635\" data-end=\"1647\">\u20b912 lakh<\/strong> under the new tax regime <strong data-start=\"1673\" data-end=\"1709\">are not liable to pay income tax<\/strong>.<\/p>\n<hr data-start=\"1712\" data-end=\"1715\">\n<h2 data-start=\"1717\" data-end=\"1744\" id=\"mcetoc_1j109e5lf4\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%88_Higher_TDS_Thresholds\"><\/span><span style=\"color: #3a64a7;\">\ud83d\udcc8 Higher TDS Thresholds<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1746\" data-end=\"1816\">The thresholds for <strong data-start=\"1765\" data-end=\"1797\">Tax Deducted at Source (TDS)<\/strong> have been updated:<\/p>\n<ul data-start=\"1818\" data-end=\"2055\">\n<li data-start=\"1818\" data-end=\"1932\">\n<p data-start=\"1820\" data-end=\"1932\">The <strong data-start=\"1824\" data-end=\"1886\">TDS exemption limit on interest income for senior citizens<\/strong> has been raised from <strong data-start=\"1908\" data-end=\"1930\">\u20b950,000 to \u20b91 lakh<\/strong><\/p>\n<\/li>\n<li data-start=\"1933\" data-end=\"2055\">\n<p data-start=\"1935\" data-end=\"2055\">The <strong data-start=\"1939\" data-end=\"1983\">TDS applicability limit on rental income<\/strong> has been revised upward to <strong data-start=\"2011\" data-end=\"2022\">\u20b96 lakh<\/strong>, from the previous <strong data-start=\"2042\" data-end=\"2055\">\u20b92.4 lakh<\/strong><\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"2057\" data-end=\"2060\">\n<h2 data-start=\"2062\" data-end=\"2088\" id=\"mcetoc_1j109e5lf5\"><span class=\"ez-toc-section\" id=\"%F0%9F%A7%BE_Simplified_ITR_Forms\"><\/span><span style=\"color: #3a64a7;\">\ud83e\uddfe Simplified ITR Forms<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2090\" data-end=\"2187\">The <strong data-start=\"2094\" data-end=\"2119\">Income Tax Department<\/strong> has rolled out <strong data-start=\"2135\" data-end=\"2156\">revised ITR forms<\/strong> applicable for <strong data-start=\"2172\" data-end=\"2186\">AY 2025\u201326<\/strong>:<\/p>\n<ul data-start=\"2189\" data-end=\"2420\">\n<li data-start=\"2189\" data-end=\"2292\">\n<p data-start=\"2191\" data-end=\"2292\">A new <strong data-start=\"2197\" data-end=\"2224\">Excel utility for ITR-2<\/strong> was released on <strong data-start=\"2241\" data-end=\"2259\">March 25, 2025<\/strong>, enhancing the user experience<\/p>\n<\/li>\n<li data-start=\"2293\" data-end=\"2420\">\n<p data-start=\"2295\" data-end=\"2420\">A provision under <strong data-start=\"2313\" data-end=\"2332\">Section 139(8A)<\/strong> enables taxpayers to <strong data-start=\"2354\" data-end=\"2378\">file revised returns<\/strong> and <strong data-start=\"2383\" data-end=\"2403\">rectify mistakes<\/strong> after submission<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"2422\" data-end=\"2425\">\n<h2 data-start=\"2427\" data-end=\"2461\" id=\"mcetoc_1j109e5lf6\"><span class=\"ez-toc-section\" id=\"%F0%9F%93%8B_Summary_Table_of_Key_Changes\"><\/span><span style=\"color: #3a64a7;\">\ud83d\udccb Summary Table of Key Changes<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"_tableContainer_80l1q_1\">\n<div class=\"_tableWrapper_80l1q_14 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table data-start=\"2463\" data-end=\"3442\" class=\"w-fit min-w-(--thread-content-width)\">\n<thead data-start=\"2463\" data-end=\"2552\">\n<tr data-start=\"2463\" data-end=\"2552\">\n<th data-start=\"2463\" data-end=\"2501\" data-col-size=\"sm\"><strong data-start=\"2465\" data-end=\"2475\">Change<\/strong><\/th>\n<th data-start=\"2501\" data-end=\"2552\" data-col-size=\"md\"><strong data-start=\"2503\" data-end=\"2514\">Details<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2643\" data-end=\"3442\">\n<tr data-start=\"2643\" data-end=\"2731\">\n<td data-start=\"2643\" data-end=\"2680\" data-col-size=\"sm\"><strong data-start=\"2645\" data-end=\"2667\">Default Tax Regime<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2680\" data-end=\"2731\">New regime under Section 115BAC<\/td>\n<\/tr>\n<tr data-start=\"2732\" data-end=\"2820\">\n<td data-start=\"2732\" data-end=\"2769\" data-col-size=\"sm\"><strong data-start=\"2734\" data-end=\"2759\">Tax-Free Income Limit<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2769\" data-end=\"2820\">Up to \u20b912.75 lakh (with standard deduction)<\/td>\n<\/tr>\n<tr data-start=\"2821\" data-end=\"2909\">\n<td data-start=\"2821\" data-end=\"2858\" data-col-size=\"sm\"><strong data-start=\"2823\" data-end=\"2845\">Standard Deduction<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2858\" data-end=\"2909\">Increased to \u20b975,000<\/td>\n<\/tr>\n<tr data-start=\"2910\" data-end=\"2998\">\n<td data-start=\"2910\" data-end=\"2947\" data-col-size=\"sm\"><strong data-start=\"2912\" data-end=\"2934\">Section 87A Rebate<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2947\" data-end=\"2998\">Enhanced to \u20b960,000<\/td>\n<\/tr>\n<tr data-start=\"2999\" data-end=\"3086\">\n<td data-start=\"2999\" data-end=\"3039\" data-col-size=\"sm\"><strong data-start=\"3001\" data-end=\"3038\">TDS on Interest (Senior Citizens)<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3039\" data-end=\"3086\">Threshold increased to \u20b91 lakh<\/td>\n<\/tr>\n<tr data-start=\"3087\" data-end=\"3175\">\n<td data-start=\"3087\" data-end=\"3124\" data-col-size=\"sm\"><strong data-start=\"3089\" data-end=\"3104\">TDS on Rent<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3124\" data-end=\"3175\">Threshold increased to \u20b96 lakh<\/td>\n<\/tr>\n<tr data-start=\"3176\" data-end=\"3264\">\n<td data-start=\"3176\" data-end=\"3213\" data-col-size=\"sm\"><strong data-start=\"3178\" data-end=\"3191\">ITR Forms<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3213\" data-end=\"3264\">Updated ITR-2 with revised return filing feature<\/td>\n<\/tr>\n<tr data-start=\"3265\" data-end=\"3353\">\n<td data-start=\"3265\" data-end=\"3302\" data-col-size=\"sm\"><strong data-start=\"3267\" data-end=\"3292\">Senior Citizens (75+)<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3302\" data-end=\"3353\">Exempt from ITR filing under specific conditions<\/td>\n<\/tr>\n<tr data-start=\"3354\" data-end=\"3442\">\n<td data-start=\"3354\" data-end=\"3391\" data-col-size=\"sm\"><strong data-start=\"3356\" data-end=\"3388\">Updated Return Filing Window<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3391\" data-end=\"3442\">Extended to 4 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>\ud83c\udd95 New Tax Regime Becomes the Default The new tax regime under Section 115BAC is now the default for: Individuals Hindu Undivided Families (HUFs) Associations of Persons (AOPs) Bodies of Individuals (BOIs) Artificial Juridical Persons \ud83d\udc49 Taxpayers can opt for the old regime by indicating their preference when filing their ITR. \ud83d\udcca Revised Income Tax &#8230; <a title=\"Important Amendments to ITR Filing Rules for the Financial Year 2025\u201326\" class=\"read-more\" href=\"https:\/\/komplytek.com\/blogs\/important-amendments-to-itr-filing-rules-for-the-financial-year-2025-26\/\" aria-label=\"Read more about Important Amendments to ITR Filing Rules for the Financial Year 2025\u201326\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,12,5,57,13,30,10,14],"tags":[],"class_list":["post-649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-advisory-services","category-accounting-financial","category-audit-assurance","category-auditing-services","category-bookkeeping","category-business-consulting-firm","category-business-management-consultant","category-chartered-accountant-near-me"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 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