Section 80G Deduction: Transaction Reference Number and Bank IFSC Required in ITR

New Reporting Requirement for Section 80G Donations

Taxpayers claiming a deduction under Section 80G for Assessment Year 2026-27 must provide additional payment details in Schedule 80G of the applicable Income Tax Return.

For donations made through a mode other than cash, the notified ITR forms include fields for:

• Transaction reference number for a UPI payment;
• Cheque number;
• IMPS, NEFT or RTGS reference number; and
• IFSC of the bank.

These fields have been included in the notified ITR forms applicable to returns filed for AY 2026-27.

Is the Recipient’s IFSC Required?

Taxpayers should enter the bank IFSC connected with the donation transaction, based on the payment confirmation, cheque details, bank statement or information provided by the recipient organisation.

Is This a New Condition for Claiming the Deduction?

The transaction reference number and bank IFSC are principally additional ITR reporting requirements for AY 2026-27. They are not separately stated in Section 80G as substantive conditions for determining whether a donation is eligible.

The underlying eligibility of the deduction continues to depend on factors such as:

• The recipient fund or institution being eligible under Section 80G;
• The applicable deduction category;
• The mode and amount of payment;
• Availability of appropriate donation documents; and
• Selection of the old tax regime.

Important: Section 80G deduction is not available to taxpayers who opt for the new tax regime under Section 115BAC.

Information Required in myITreturn

While entering a Section 80G deduction in myITreturn, keep the following details ready:

• Name and address of the recipient;
• PAN of the recipient;
• Donation amount;
• Amount eligible for deduction;
• Donation Reference Number or ARN, wherever applicable;
• UPI transaction ID, cheque number or IMPS, NEFT or RTGS reference number;
• Relevant bank IFSC; and
• Donation receipt.

Cash Donations under Section 80G

A donation exceeding ₹2,000 in cash is not eligible for deduction under Section 80G. Such donations should be made through a banking channel or another permitted non-cash mode.

Donations made in kind are also not eligible for deduction under Section 80G.

Conclusion

For AY 2026-27, taxpayers claiming a Section 80G deduction should keep the payment transaction reference number and relevant bank IFSC ready before filing through myITreturn.

These are additional disclosure fields in Schedule 80G. Taxpayers should enter only the details supported by their bank records and donation documents. They should not assume that the form specifically requires the recipient’s IFSC in every case.


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