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New ITR forms demand political party PAN and name for donations claim
Economy
Published on 24 April 2026
Section 80GGC now requires the party PAN too
From Assessment Year 2026-27, India’s new income tax return forms will ask for extra details when claiming deductions for political donations under Section 80GGC. Taxpayers must disclose the political party’s name and PAN, including for donations made via banking channels or UPI, to improve transparency and traceability of contributions.
- ITR forms for AY 2026-27 seek more political donation details
- Section 80GGC deduction now requires political party name and PAN
- Bank and UPI donations must be recorded with updated disclosures
- The change is aimed at greater transparency and traceability
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times