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Taxpayers claiming HRA exemption must now provide comprehensive details, including:
•Place of Work
•Actual HRA Received
•Actual Rent Paid
•Basic Salary and Dearness Allowance
•50% or 40% of Basic Salary, depending on whether the city is metro or non-metro
This change ensures precise calculation of HRA exemption under Section 10(13A).
To claim deductions under Section 80C, such as PPF contributions and insurance premiums, the following information must be disclosed:
•Document or Receipt Number
•PPF Account Number
•Insurance Policy Number
Taxpayers claiming deductions under Section 80D for medical/health insurance must now provide:
•Name of the Insurance Company
•Policy or Document Number
For deductions on interest paid on education loans under Section 80E, the following details are now mandatory:
•Name of the Lender
•Bank Name
•Loan Account Number
•Date of Loan Sanction
•Total Loan Amount
•Loan Outstanding as on 31st March
Similar disclosures are required for interest deductions under Section 80EE or 80EEA for residential house property:
•Name of the Lender
•Bank Name
•Loan Account Number
•Date of Loan Sanction
•Total Loan Amount
•Loan Outstanding as on 31st March
For interest paid on loans taken for the purchase of electric vehicles under Section 80EEB, taxpayers must provide:
•Name of the Lender
•Bank Name
•Loan Account Number
•Date of Loan Sanction
•Total Loan Amount
•Loan Outstanding as on 31st March
Taxpayers claiming deductions under Section 80DDB for medical treatment of specified diseases are now required to mention the Name of the Specified Disease
Now, these will fail at validation stage, avoiding refunds based on false claims and ensuring only genuine, traceable deductions are processed.
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