I presume you typed 2008 instead of 2007 in your question. You can always claim additional savings in your I.T. return (within the permissible limits) over and above what is shown in your Form 16. Just keep all proofs handy and be prepared to submit to ITO whenever called for.

Thanks Yogi. I typed it wrongly as 2008 instead of 2007. But do I need to prepare a list of additional savings and attach along with Form 16 while submitting returns? Or just fill ITR-1 with all savings and attach Form 16? In second case, how do I justify the difference in summary of tax savings shown on Form 16 and ITR-1? Please clarify. Thanks in advance.

No supportings shall be attached with your IT return. Simply fill up your ITR-1 and file. As per the instructions, any attachments(including Form-16) with ITR will be returned back to the assessee by the Dept. across the counter

However, keep all your additional savings details in your record for filing with Dept. as and when called for.

Information about savings will be usually supplied to the Employer before Feb end of every year. If an employee opts for additional savings in the month of March, these details will not be captured in Form-16 and that doesn't mean that one cannot claim the benefit. Also, it is not mandatory to reveal all savings details to the Employer.