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Disclosures in ITR-1 & ITR-4

7 Mandatory Disclosures in ITR-1 & ITR-4 for AY 2025–26 (Old Regime)

Quick Summary

For Assessment Year 2025–26, the Income Tax Department has introduced 7 key additional disclosure requirements in ITR-1 and ITR-4 forms for individuals opting for the Old Tax Regime. Taxpayers must now mandatorily report:

  1. HRA Details: Rent paid, HRA received, city type, salary breakup
  2. Section 80C: Receipt numbers, PPF/LIC account details
  3. Section 80D: Insurance company and policy details
  4. Section 80E: Education loan lender, sanction date, and loan info
  5. Sections 80EE/80EEA: Home loan particulars
  6. Section 80EEB: EV loan data
  7. Section 80DDB: Name of specified disease for medical deduction

These updates ensure greater transparency and verifiability of claimed deductions. Filing accurate and complete details is now crucial to avoid delays, rejections, or notices.

1. New HRA Disclosure Norms (Section 10(13A))

  • Location of your place of work
  • Actual HRA received from employer
  • Rent paid during the year
  • Basic salary + DA forming part of retirement benefits
  • Specify whether the city is Metro (50%) or Non-Metro (40%)

2. Section 80C: Investment Proof Details Mandatory

  • Receipt or Document Number
  • PPF Account Number
  • Life Insurance Policy Number

3. Health Insurance Claim: Section 80D Details

  • Insurance company name
  • Policy/document number

4. Education Loan Disclosure (Section 80E)

  • Lender’s name (Bank/NBFC)
  • Loan account number
  • Date of sanction
  • Original loan amount
  • Balance outstanding as of 31st March

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5. Housing Loan Deduction (Sections 80EE & 80EEA)

  • Lender’s name
  • Loan account number
  • Date of loan sanction
  • Total sanctioned amount
  • Outstanding as of 31st March

6. Electric Vehicle Loan (Section 80EEB)

  • Lender’s name
  • Loan sanction date
  • Loan account number
  • Total amount & year-end balance

7. Deduction for Treatment of Specific Illness (Section 80DDB)

  • Name of the disease
  • Doctor’s certification may be required (as before)

Conclusion

The ITR-1 and ITR-4 updates are not just procedural; they reflect a broader move toward data-backed, verifiable tax filings. As a taxpayer in the Old Regime, your deductions are only as good as your documentation.

Suggested Read :

How to file ITR form 5?

ITR Filing for a Partnership Firm

ITR Form 7 Filing

ITR 4 Form Filing

Income Tax Verification (ITR-V)

FAQ


1. What if I don’t provide the new disclosures in ITR-1 or ITR-4?

If you skip the newly required details like HRA components or loan particulars, your claimed deductions may be rejected, and your return could be delayed or flagged for scrutiny. Accurate disclosure is now mandatory to ensure smooth ITR processing.


2. Do I need to upload documents for PPF, LIC, or rent while filing?

No document uploads are required during filing, but you must mention receipt numbers, account or policy details. Keep the actual proofs handy in case the Income Tax Department asks for them later.


3. What exact HRA details must be reported now?

You must disclose your office location, HRA received, rent paid, basic salary plus DA, and whether you live in a metro or non-metro city. This helps the department validate the HRA exemption calculation.


4. How should I report home or education loans for deductions?

You need to provide the lender’s name, loan account number, sanction date, original loan amount, and outstanding balance as of 31st March. These details ensure your loan-related deductions are backed by valid records.


5. Are these changes applicable under the New Tax Regime?

No, the additional disclosure requirements apply only to taxpayers using the Old Tax Regime. Since most deductions are not allowed in the New Regime, these details are not needed there.

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Why Your Business Needs a Dedicated Bank Account? Why a DSC Is Essential for NRI Investors in India? Convert Single Member LLC to Multi Member LLC USA Differences between S-Corp vs C-Corp in USA Hidden Facts About OIDAR Registration