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Stay informed about major changes in ITR-1 and ITR-4 forms for AY 2025-26. Discover why professional tax filing assistance is essential to avoid costly mistakes.
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Introduction Over the years, taxation in India has undergone significant transformations. A notable shift occurred with the 2020 budget when the Government …
Overview: What Changed in ITR-1 and ITR-4 for AY 2025-26?
On May 31, 2025, the Central Board of Direct Taxes (CBDT) released revised Excel utilities for ITR-1 (Sahaj) and ITR-4 (Sugam). These updates mandate detailed annexures for various deductions, adding a new layer of complexity that makes professional guidance not just helpful, but essential.
Key Objective of the Change
Prevent fraudulent deductions via mandatory, verifiable documentation
Enable cross-verification with external data sources
Promote pre-filing accuracy
Require a digital record trail, difficult to manage without expert systems
Annexure-Wise Summary: New Disclosure Requirements
| Section | Deduction Type | New Disclosure Requirements |
|---|---|---|
|
10(13A) |
House Rent Allowance (HRA) |
Metro/Non-Metro, Rent Paid, Basic Salary, HRA Received, Calculation & Eligible Amount |
|
24(b) |
Interest on Home Loan |
Lender Name, Loan Account No., Sanction Date, Interest Claimed, Outstanding Amount |
|
80C |
LIC, PPF, etc. |
Policy Number / Document ID |
|
80CCC/80CCD |
Pension/NPS |
PRAN Number |
|
80D |
Medical Insurance |
Insurance Co. Name, Policy Number |
|
80DD |
Dependent Disability |
Type & Nature of Disability, PAN, Aadhaar, Form 10IA Acknowledgment No., UDID No. |
|
80DDB |
Specified Diseases |
Disease selection from Dropdown List |
|
80E |
Interest on Education Loan |
Source of Loan, Bank Name, Loan A/c No., Sanction Date, Total Loan, Outstanding(31st Mar), Interest Paid |
|
80EE |
Residential Housing Loan |
Source of Loan, Bank Name, Loan A/c No., Sanction Date, Total Loan, Outstanding(31st Mar), Interest Paid |
|
80EEA |
Affordable Housing Loan |
Source of Loan, Bank Name, Loan A/c No., Sanction Date, Total Loan, Outstanding(31st Mar), Interest Paid, Stamp Duty Value of Property |
|
80EEB |
Electric Vehicle Loan |
Source of Loan, Bank Name, Loan A/c No., Sanction Date, Total Loan, Outstanding(31st Mar), Interest Paid, Vehicle Registration Number |
|
80GG |
Rent Without HRA |
Form 10BA Acknowledgment No. |
|
80G/80GGC |
Donations |
No Changes in Disclosures |
|
80U |
Self Disability |
Disability Type, UDID, Form 10IA |
Important Note: New vs. Old Tax Regime
These disclosure requirements apply only under the Old Regime. Taxpayers under the New Regime (Sec 115BAC) are not affected, but selecting the correct regime itself requires expert evaluation.
Positive Impact on Taxpayers
While the changes are designed to reward genuine filers, only those who file correctly and completely will benefit.
Greater Transparency: Helps real taxpayers — if filed properly.
Faster Processing: Depends on annexure completeness and correctness.
Reduced Notices: Only with flawless documentation.
Encourages Digital Record-Keeping: Which needs expertise to manage.
Challenges You Will Face Without Expert Help
Navigating the updated requirements demands precision. A single mistake — such as an incorrect policy number or missing acknowledgment — can lead to:
Rejection of claims
Delayed refunds
Scrutiny notices from the CPC or AO
Penalties and legal repercussions
Only an experienced tax professional can ensure full compliance with the new annexure mandates, saving you from costly errors.
Final Advice: Don't File Alone
Start early with the help of a qualified professional
Collect and verify all documents (PRAN, loan details, insurance data)
Use expert services like Alpviram Legal to avoid rejection and penalties
For stress-free, accurate, and timely filing, consult Alpviram Legal today — because tax compliance isn’t a DIY task anymore.
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