Filing ITR-1 or ITR-4? Tax Dept Seeks New Disclosures for Section 80C, 80D, and 80G Deductions
Published by Vizzve Finacr | India’s Trusted Source for Tax & Finance News
If you're filing your income tax return for FY 2024–25 under ITR-1 (Sahaj) or ITR-4 (Sugam), here’s an important update. The Income Tax Department (CBDT) now mandates additional disclosures when claiming deductions under Section 80C, 80D, and 80G.
This change is part of the government’s efforts to streamline tax filings, reduce fraudulent claims, and enhance refund efficiency through real-time cross-verification.
🔍 What's New?
Taxpayers must now itemize and report deduction details for:
Section 80C: Specify investments (e.g., PPF, ELSS, LIC), amount, and payment date
Section 80D: Mention insurer name, premium breakdown for self, family, and parents
Section 80G: Declare donation details, mode of payment, and PAN of donee institution
“Lump sum claims without evidence are likely to be disallowed during processing,” warns a CBDT circular.
👥 Who Is Affected?
ITR-1: For salaried individuals with total income up to ₹50 lakh
ITR-4: For individuals and HUFs with presumptive income under sections 44AD/ADA
✅ Filing Tips for Compliance:
| Section | What to Disclose |
|---|---|
| 80C | Nature of instrument, amount invested, proof of payment |
| 80D | Insurance company name, premium category (self/family/parents) |
| 80G | Name and PAN of donee, payment date, amount, receipt copy |
All data should match your Form 26AS, AIS, and bank statements for smoother processing.
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❓ Frequently Asked Questions (FAQ)
Q1. What are the new disclosure requirements for ITR-1 and ITR-4?
A: You must provide detailed information on deductions claimed under Sections 80C, 80D, and 80G, including payment details and recipient PAN.
Q2. Can I still claim deductions without uploading documents?
A: Yes, documents aren't uploaded during filing, but you must retain them for verification if selected for scrutiny.
Q3. Will this delay my refund?
A: No—on the contrary, clear disclosures aligned with AIS/26AS may expedite refunds.
Q4. What happens if I submit generic or wrong data?
A: You may receive a notice or see your deduction claim denied during CPC processing.
Q5. Where can I see sample filled ITR-1/4 forms with these updates?
A: Visit www.vizzvefinacr.com to download updated ITR samples and deduction checklists.
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Reported by Benny on June 30, 2025.
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