ITR-1 Changed: 4 New Fields You Must Fill Now
The ITR-1 form for FY 2024-25 has new disclosure fields for house property income, donations, and rental details. If you file without understanding these changes, your return may get flagged or rejected.
Missing one tiny ITR-1 box can cost you more than 10 weeks of chai money — easily ₹5,000+.
What you could pay if your ITR-1 is filed incorrectly or incompletely this year
Key Takeaways
Collect your Form 16, Form 26AS, and AIS before starting — cross-check that all income sources including rent and interest are pre-filled correctly in the portal.
If you own two properties, check which one you want to declare as self-occupied versus let-out, since notional rent on the second property may be taxable.
For any 80G donations made in FY 2024-25, dig out receipts with the organisation's PAN — you cannot claim the deduction without it in the new ITR-1 utility.
The ITR-1 form for FY 2024-25 has new disclosure fields for house property income, donations, and rental details. If you file without understanding these changes, your return may get flagged or rejected.
Here's what happened: ITR-1 now allows salaried taxpayers to report income from up to two self-occupied or let-out house properties, expanding from the earlier single property limit.. Taxpayers claiming 80G deductions for donations must now furnish additional details including the donation amount, recipient organisation, and PAN of the donee.. Rental income disclosures require more granular information — including tenant details and property address — reducing room for under-reporting..
What you should do: Collect your Form 16, Form 26AS, and AIS before starting — cross-check that all income sources including rent and interest are pre-filled correctly in the portal.. If you own two properties, check which one you want to declare as self-occupied versus let-out, since notional rent on the second property may be taxable.. For any 80G donations made in FY 2024-25, dig out receipts with the organisation's PAN — you cannot claim the deduction without it in the new ITR-1 utility..
Pro tip: Download your AIS (Annual Information Statement) from the income tax portal before filing — it shows rental income, interest, and dividends the tax department already knows about. Mismatch = notice.
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- [1]“Filing ITR-1 this year? These new disclosure requirements could affect your return” mint - money · 13 Jul 2026
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