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

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.

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.

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?

Yes, but explanation my be asked by ITD.

Once you file an ITR for a year under the new regime, you cannot go back and claim home loan deductions for that year. The regime choice for a completed assessment year is final after the return is filed.

However, there is a window if the ITR for FY 2023-24 is not yet filed or if it is within the revised return period:
- If you filed before July 31, 2024 (original due date), you can file a revised return before December 31, 2024 ,  that window is now closed for FY 2023-24.
- If you have not filed at all, you can file a belated return for FY 2023-24 until March 31, 2025, choosing the old regime ,  that window is also now closed.

For FY 2024-25 and FY 2025-26, you can switch to the old regime when filing your return to claim the deductions. Salaried employees can change their regime choice each year. Business income filers have a more restricted switching rule.

For FY 2025-26 (current year), if your employer deducted TDS under the new regime but you want to claim home loan deductions, switch to the old regime in your ITR. You will get the refund through ITR processing.

Deductions available under the old regime for home loans:
- Section 24(b): Up to Rs 2 lakh interest deduction for self-occupied property
- Section 80C: Up to Rs 1.5 lakh for principal repayment (within the overall 80C cap)

For the full regime comparison and when home loan deductions tip the math in favour of the old regime, this [home loan tax benefits guide for FY 2026-27](https://taxgarden.in/blog/home-loan-tax-benefits-section-24-80c-india-fy-2026-27) covers Section 24, 80C, and the break-even calculation.