proof guidelines

1 talent MAXIMUS India Private Ltd

INCOME TAX

INVESTMENT PROOF SUBMISSION

GUIDELINES

FY 2015 – 16

Prepared For: IREO GROUPS Prepared By:

talent MAXIMUS India Private Ltd


INDEX

I. PROCESS

II. PROOF ACTIVITIES SCHEDULE

III. HR ACTIVITY GUIDELINES

IV. PROOF VALIDATION PROCESS

V. CALCULATION OF TAX LIABILITY BASED ON THE PROOF SUBMITTED

VI. GENERAL GUIDELINES

VII. ORIGINALS – MANDATORY

VIII. COPY SUFFICIENT

IX. KEY AMENDMENTS FOR FY 2015 - 16

X. ITEM WISE CHECK

Section A: House Rent Payment Details Section B: Income from Previous Employment Section C: Other Income Section D: Investment qualifying for Deduction U/S 80 CCE PART – A PART – B


INCOME TAX INVESTMENT PROOF SUBMISSION GUIDELINES – 2015-16

I. PROCESS � Provision has been provided in the ESS Portal (tMI web portal) entry menu to submit the

investment proof details. � Employees have to enter the proof values against respective head in the investment proof

form on ESS Portal and submit. � Upon submission, employees need to take the printout of the Proof Submission Form and

drop in the drop box / Submit to HR department along with supporting documents. � The investment proof documents needs to be submitted only through ESS Portal

and manual forms will not be entertained for process.

II. PROOF ACTIVITIES SCHEDULE

PROOF SUBMISSION By employees

STATUS UPDATE / QUERY HANDLING By tMI team

START DATE END DATE FROM DATE TO DATE

Approved proof values will be considered for (process Month

By tMI

17/12/2015 05/01/2016 01/02/2016 05/02/2016 FEB’2016

� Employees required adhering to the schedule to submit their hard copies of proof

documents along with Proof submission form.

� Employees are advised to check the status of the proof documents submitted as per the timelines specified.

� In case of any discrepancy, employees need to raise the query through ESS Portal query

module for necessary clarifications / corrections, if any.

� Queries raised as per schedule will be addressed with in 2 working days.

� Queries raised after the cut off dates will be addressed only during the subsequent month cycle.

� The Last date for handling Income Tax proof related queries for this Financial Year is

10TH

MARCH’2016. No queries will be entertained after this cutoff date.


III. HR ACTIVITY GUIDELINES:

� Collect the investment proof documents which are submitted through ESS Portal, from the drop box / Employees as per schedule, and forward the same to tMI, Chennai through courier along with track list (Employee Wise).

� HR will return the documents which are not submitted through ESS Portal to the respective employees.

� HR coordinator and tMI team will coordinate with each other to ensure the courier reach tMI, Chennai as per the schedule. Any delay in forwarding the courier / reaching tMI Chennai Office will impact on agreed schedule / deliverables.

Docs submitted Sl.No

Month From Date

To Date

To Courier on

To reach TMI,

Chennai

Consign. No.

Courier Name

Sent on

1 Dec '15 17/12/15 05/01/16

2 Jan '16 06/01/16 08/01/16

3

IV. PROOF VALIDATION PROCESS

� The Investment Proof documents validation activities will be carried at tMI, Chennai Office.

� The validation feedback, Approved / Rejection details with reason for rejection will be

updated against each line item and will be made available to employees view as per the schedule.

V. CALCULATION OF TAX LIABILITY BASED ON THE PROOF SUBMITTED � Proposed investment declarations made in the portal till JAN ’16 will not be valid effective

February ‘16 payroll. From Feb ’16 month onwards the income tax liability will be arrived based on the actual proof submitted and deductions will be effected accordingly.

� No refund will be made in case of any excess tax recovery, due to any reason, but will be

adjusted in the best possible extent with following month liabilities, if any, during the current Financial Year.


VI. GENERAL GUIDELINES

� All Investments, payments should pertain to current financial year 2015 - 16 only.

� Employees should mention their Employee Code & Name on top of all the documents to

avoid misplacement of the documents and incorrect consideration. � Name, Date, Amount and other relevant information important for tax exemption should

be legible on all the documents. � Investments made in the name of spouse, children, dependents - employee to declare

the relationship on the proofs. Declaration in writing to be enclosed duly signed indicating that the IT benefit are not claimed by any other person (spouse, children etc) from the family.

� Submit proof documents which are eligible for deduction / exemptions under Income Tax

Act (For eg: Not all mutual funds / Fixed Deposits are eligible for exemption) � To claim benefit under PPF, please submit the first page of account pass book copy

where in clearly mentioned as PPF account. � Exemption under Sec. 80G (Donations) should be claimed by individuals while filing their

Income Tax Returns. � Check for totals and subtotals before updating the values / submission.

� Ensure multiple copies of same investment proof are not submitted

� Ensure to sign on the print out of the Investment Proof Submission Form (submitted on

ESS Portal)

� Employees are advised to check the status of the investment proofs submitted by them as per the timelines specified in the schedule.

� Post status update on ESS Portal, employees may raise their queries through on line

Query Module, if required. � Queries on Investment Proofs / Tax will be responded to within 2 working days.

� Queries raised during the scheduled dates will be addressed and changes if any to payroll

will be effected in the same month. � Queries posted after cutoff date will be considered in the subsequent month payroll

process. � No Queries will be entertained after 10st of March 2016.

� Excess tax recovery cannot be refunded but will be adjusted to the best possible extent

with future tax liability, if any, during current financial year.

� House Rent Receipts should be duly filled in with particulars of Rent for the Month, Landlord Name & Address, Rented premises address, Amount and date of receipt etc.


� In case House Rent Allowance received by the employee up to INR 3000/- p.m., can avail exemption by submitting duly filled in, signed declaration form as per the format. Please be informed that it is HRA received in salary and not Rent paid

� It is mandatory to enter the PAN details of landlord while updating the rental value in ESS

Portal (if the monthly rent paid is above INR 8333/- per month or above INR 1,00,000 per annum).

� In case of PAN not available with landlord, to claim the HRA benefit, the declaration form (format enclosed) duly filled, signed by Landlord along with address proof of Landlord needs to be submitted.

� For any clarifications you may please contact the HR Team personally or you can reach

tMI by raising query on ESS Portal.

VII. EXCEPTIONS HRA and Housing Loan Benefit

� To avail HRA exemption and Housing Loan interest - Self Occupied benefit, the property

and rented accommodation location should not be same City.

VIII. ORIGINALS – MANDATORY FOR: � Income tax investment proof submission form (submitted through ESS Portal)

signed by the employee.

� Declaration for investments in the name of spouse, dependants, signed by the employee

� Rent Paid: Three months rental receipt in original which includes latest receipt and if stayed

in more than one rented house receipt(s) given by the previous landlord(s). For more than one rented house, statement showing the period of stay should be enclosed.

� In the absence of PAN, the rental receipt along with landlord declaration and address proof,

duly signed by the landlord should be enclosed.

� To claim Housing Loan benefit either self occupied or income / loss from House property, the Form 12C cum Declaration Form duly filed in all details is mandatory.

� Form 12 B along with annexure: Original signed by the employee and Copy of the Form 16

/ Earnings & Deductions Certificate issued by the previous employer duly signed and sealed.

� Employees joined during current FY and declared previous employment income details, are

requested to submit current FY investment proof documents (housing loan and/or under VI A (even if it submitted with previous employer) etc., to get the maximum benefits under respective heads.


IX. COPY SUFFICIENT FOR: � Items other than mentioned above.


X. KEY AMENDMENTS FOR FY 2015 – 16 There is no change in the Income tax slab rates. However surcharge increased from 10% to 12%. Transport allowance exemption is being increased from Rs.800/- p.m. to Rs.1600/- p.m. Health insurance premium deduction u/s 80D increased from Rs.15000/- to Rs.25000/-. For Senior Citizens limit increased from Rs.20000/- to Rs.30000/- and for Super Senior Citizens (who are not covered under health insurance) upto Rs.30000/- deductions to be allowed towards medical expenditure. The deduction limit of Rs.60000/- with respect to specified decease of serious nature enhanced to Rs.80000/- for Super Senior Citizens u/s 80DDB. Additional deduction of Rs.25000/- allowed for differently abled persons u/s 80DD and 80U (i.e. from Rs.50000/- to Rs.75000/- if the disability is 40% and from Rs.100000/- to 125000/- if the disability is 80% and above). Additional deduction of Rs.50000/- allowed for NPS additional contribution u/s 80CCD(1B). Investment in Sukanya Samriddhi Scheme will be eligible for deduction u/s 80C.


Rates of Tax for the employees with PAN

Normal Rate of Taxes

Taxable Income Rate of Tax

a Where Taxable Income does not exceeds INR 250,000/-

Nil

b Where Taxable Income exceeds INR 250,000/- but does not exceed INR 500,000/-

10% tax on the income exceeding INR 250,000/-, addition tax rebate of INR 2,000/-

c Where Taxable Income exceeds INR 500,000/- but does not exceed INR 1,000,000/-

20% tax on the income exceeding INR 500,000 plus INR 25,000

d Where Taxable Income exceeds INR 1,000,000/-

30% tax on the income exceeding INR 1,000,000 plus INR 125,000

e Surcharge - Applicable if Taxable Income exceeds INR 10,000,000/-

12% of Total Tax

f Education Cess 3% of (Tax + Surcharge)

For Senior Citizens (Sixty Years and above and below 80 Years)

Taxable Income Rate of Tax

a Where Taxable Income does not exceed INR 300,000/-

Nil

b Where Taxable Income exceeds INR 300,000/- but does not exceed INR 500,000/-

10% tax on the income exceeding INR 300,000/-, addition tax rebate of INR 2,000/-

c Where Taxable Income exceeds INR 500,000/- but does not exceed INR 1,000,000/-

20% tax on the income exceeding INR 500,000 plus INR 20,000

d Where Taxable Income exceeds INR 1,000,000/-

30% tax on the income exceeding INR 1,000,000 plus INR 120,000

e Surcharge - Applicable if Taxable Income exceeds INR 10,000,000/-

12% of Total Tax

f Education Cess 3% of (Tax + Surcharge)


XI. ITEM WISE CHECK

Section A: House Rent Payment Details

ITEM DESCRIPTION PARTICULARS

Proof

Three months rental receipt in original which includes latest rent paid. The receipt should necessarily have details like Landlord's name and address, signature of the Landlord.

Incase employee has changed houses, and then rent receipt from previous Landlord is also required with mention about the period of stay. In case of rent paid in excess of INR.8,333/- per month and non availability of PAN with Landlord, the rent receipt should be submitted along with Declaration duly filled and signed by Landlord with supporting documents as required.

Rent & Maintenance

In the Rental receipt if there is any breakup for Rent and Maintenance mentioned; only RENT will be considered.

PAN details

Landlord PAN needs to be updated in ESS Portal while updating the rental value if it is exceeds INR 8,333/- per month. It is made as MANDATORY. In case of non availability of PAN with Landlord, Declaration Form duly filled and signed by Landlord with supporting documents as required needs to be submitted to claim HRA benefit.


Section B: Income from Previous Employment

SL No ITEM DESCRIPTION PARTICULARS

(01)

Previous employment Gross Salary Income – After exemption U/S 10

Original Form 12 B signed by the employee AND Copy of Form 16 or Earnings and Deductions Certificate or final tax statement attested by authorized signatory of the previous employer (s). This is MANDATORY. Separate forms for each employer in case of more than one previous employer.

(02)

Previous employment PF Deductions

- Same as above -

(03)

Previous employment PT Deductions

- Same as above -

(04)

Previous employment IT Deductions

- Same as above – AND - Copy of the Form 26AS

Employees are required submitting supporting proof documents under Sec 80C, Housing Loan Benefit etc., even if it is already submitted with Previous Employer and benefit considered / reflecting in the computation sheet. It is mandatory requirement to calculate the revised tax liability after considering the Previous Employment income.


Section C: Other Income

SL No ITEM DESCRIPTION PARTICULARS

(01)

Interest on Housing Loan

(Loan should be in the name of employee)

Original Form 12C cum Declaration Form, duly filed in all aspects with computations, signed by the employee along with the Certificate from the recognized banks / financial institutions giving the break up of Principal and Interest repayment in the Financial Year. No Schedule / Account Statement will be considered as Proof.

Interest on Housing loan paid to parties or relatives other than banks/financial institutions will not be considered.

(02)

Income / Loss from House Property

(Loan should be in the name of employee)

Original Form 12C cum Declaration Form, duly filed in all aspects with computations, signed by the employee along with the Certificate from the recognized banks / financial institutions giving the break up of Principal and Interest repayment in the Financial Year. No Schedule / Account Statement will be considered as Proof.

Interest on Housing loan paid to parties other than banks/financial institutions will not be considered.


Section D: Investment qualifying for Deduction under Section 80 CCE: PART – A

SL No

Item Description

Enclosures required

(01)

Insurance Premium

(Paid for employee, spouse and dependant children)

Copies of the premium receipts paid by the employee during current financial year. Incase of any annual premium payable during Jan ’16 to Mar ’16 submit the copy of the premium paid during Jan ’15 to Mar ’15.

(02)

Insurance - Pension Scheme (Should be in employee’s name & Policy which is eligible U/S 80 CCC)

Copies of the premium receipts, paid by the employee during current financial year. Incase of any annual premium payable during Jan ’16 to Mar ’16 submit the copy of the premium paid during Jan ’15 to Mar ’15.

(03)

N S C

Copy of the NSC certificate (purchased during current financial year) in the name of employee.

(04)

P P F (Account of employee, spouse and dependant children)

Copy of the stamped deposit receipt, paid during current financial year and copy of the Passbook with clear mention as PPF Account.

(05)

Interest on N S C

Copy of the NSC’s with year-wise statement of investment in NSC and interest thereon based on Issue Type (whether VIII issue or IX issue)


(06)

Mutual Funds

.

Copy of the receipt or investment certificate showing the details of the Employee Name, Investment Date, Amount, Type of Investment. Only the investments made under Tax Saving Fund / Plan will be considered. In case of SIP the number of installments will be arrived & considered up to March ’16. Amount Transferred from other plan to Tax Saving Fund / Plan will not be considered as investment. Acknowledgement of the proposal/application form will not be considered as Proof.

(07)

ELSS

Copy of the receipt or investment certificate showing the details of the Employee Name, Investment Date, Amount, Type of Investment. Only the investments made under Tax Saving Fund / Plan will be considered. In case of SIP the number of installments will be arrived & considered up to March ’16. Amount Transferred from other plan to Tax Saving Fund / Plan will not be considered as investment. Acknowledgement of the proposal/application form will not be considered as Proof.

(08)

U L I P

(Paid for employee, spouse and dependant children)

Copy of the receipt or investment certificate showing the details of Investment Date, Amount, Type of Investment. Only the investments made under Tax Saving Fund / Plan will be considered. In case of SIP the number of installments will be arrived & considered up to March ’16. Amount Transferred from other plan to Tax Saving Fund / Plan will not be considered as investment. Acknowledgement of the proposal/application form will not be considered as Proof.


(09)

Tuition Fees Only in the name of children

Copy of the payment receipt of Tuition Fees paid to any educational institution situated in India for the purpose of full-time education of any two children of the employee. The Amount allowable as tuition fees shall include any payment of fee paid to any educational institution in India except the payments made to development fees or donation or capitation fees or payment similar nature or, Van Fees, Shoes & Sock etc.

(10)

Principal Repayment of Housing Loan

Original Form 12C cum Declaration Form, duly filed in all aspects with computations, signed by the employee along with the Statement from the recognized banks / financial institutions giving the break up of Principal and Interest repayment in the Financial Year. No Schedule / Account Statement will be considered as Proof.

Principal on Housing loan paid to parties other than banks/financial institutions will not be considered

(11)

Post Office – => 5 years Term Deposit

Copy of the passbook first page. Deposit receipts invested during current financial year & pages showing current Financial Year deposit details with clear mention eligible for tax benefit.

(12)

Fixed Deposits with Scheduled Banks - =>5 years Deposits

Copy of the Deposit Receipt invested during current financial year with mention that the deposit is eligible for benefit under Sec 80C of the Income Tax Act.


DEDUCTION UNDER SEC 80CCG – RAJIV GANDHI EQUITY SAVINGS SCHEME

SL # Item Description Enclosures required [Please note that the Income tax benefit

claimed through the declaration will not be approved if the enclosures are not available]

(01)

Investments made by Retail Investor on eligible Securities as per the Scheme. Gross Total Income of the employee for the financial year shall not exceed twelve lakh rupees. The employee should be a new retail investor as specified under the scheme. The investment is made in such listed equity shares as specified under the scheme. Investment is locked-in for a period of three years from the date of acquisition in accordance with the scheme. Deduction is limited to 50% of the amount invested in such equity shares subject to a maximum of Rs.25000/- Provision permits deduction for 3 consecutive assessment years.

Copy of the Form A submitted with the Depository Participant duly acknowledged. Self declaration from the employee duly attested by the Depository Participant.

If the retail investor fails to fulfill any of the provisions of the scheme, the deduction allowed shall be deemed to be the income of the employee of such previous year and shall be liable to tax for the assessment year relevant to such previous year.


PART – B

SL No Item Description Enclosures required [Please note that the Income tax benefit

claimed through the declaration will not be approved if the enclosures are not available]

(01)

MEDICLAIM – Deduction U/S 80 D – For Employee or his family

In the name of employee, spouse, dependant children.

Copy of the premium receipt paid by the employee issued by the insurer. Original receipt of payment on account of preventive health check-up of the employee or family.

MEDICLAIM – Deduction U/S 80 D – for Employee Parent or Parents In the name of employee’s parent/s

Copy of the premium receipt paid by the employee for his parents, issued by the insurer. Original receipt of payment on account of preventive health check-up of the employee’s parent / parents.

(02)

Medical Treatment on Handicapped Dependant – Deduction U/S 80 DD

Section 80DD benefit is available only to the dependants of the employee. Disability or severe disability – For Self - employee could claim benefit under Section 80U

The amount a) of expenditure incurred by way of medical treatment, training and rehabilitation of a handicapped dependant ., or b) paid or deposited under any scheme framed in this behalf by the LIC or UTI or any other insurer and approved by the Board for the maintenance of the handicapped dependant, shall be allowed as a deduction up to Rs.75000/- either under (a) or (b) or aggregate of (a) & (b) on the production of a certificate from the Government hospital in the prescribed form and manner, along with the return of income u/s.139 in respect of the assessment year for which the deduction is claimed. Where such dependant is a person with severe disability, a deduction of Rs.125000/- can be claimed.

(03)

Medical Treatment Expenses for the specified disease - Deduction U/S 80DDB

Medical Bills / expenditure incurred by way of medical treatment for a specified disease along with a certificate from the Government hospital in the prescribed form.


(04)

Interest paid on Higher Education Loan – Deduction U/S 80 E Any course of study pursued after passing the Senior Secondary Examination or its equivalent from any school, board or university recognized by the Central Government or State Government or local authority or by any other authority authorized by the Central Government or State Government or local authority.

Copy of the bank certificate stating that the loan and interest has been paid and amount payable during the financial year. AND Declaration from the employee that loan and interest repayment has been made from his taxable income and whether this is the first year of repayment, if not, Nth year of repayment

(05)

For Self – Permanent Disability – Deduction U/s 80 U

Any assessee suffering from a permanent physical disability (including blindness) or is subject to mental retardation, on the production of medical certificate from Government Hospital in the prescribed form and manner, along with a Return of Income, shall be allowed a deduction of Rs.75000/-. Where such assessee is a person with severe disability, a deduction of Rs.125000/- can be claimed.

(06) NPS – 80CCD(1B) Should be in employee name. Copy of the stamped deposit receipt, paid during current financial year and copy of the Passbook with clear mention as NPS Account


Rent Receipt Format Date : ______________

RENT RECEIPT

I, ____________________________ (Name of the owner of the accommodation) hereby acknowledge the receipt of Rs.___________(Rupees _____________________________) from Mr / Ms __________________________________________(Name of the employee), residing at _________________________________________________________________ __________________________________________________________________________, towards house rent for the month of ___________________________. Signature of the Owner Name and Address of the owner of accommodation: ___________________________________________, ___________________________________________. PAN _______________________________________

Declaration Form (In case of House Rent Allowance is < 3000/- p.m.) Format Date : ______________

DECLARATION

I, ____________________________ (Name of the employee) _____________ (EMP CODE) hereby confirm that I am staying in the following address effective from ______________ and paying house rent of Rs.______________ per month. Residential Address: _______________________________________, _______________________________________. Signature of the Employee

AFFIX ONE

RUPEE REVENUE

STAMP


LANDLORD DECLARATION IN CASE OF NO PAN Date: _________________ I ________________________________ Son / Daughter / Wife of __________________________ Residing at ________________________________________________________________________ Hereby declare and state the following: I don’t have any PERMANENT ACCOUNT NUMBER (PAN) allotted to me by Income Tax Department. I have let out my residential property located at ________________________________________ __________________________________________________________________________________ To Mr / Ms ________________________________ at an monthly rent of INR_______________and received total rent of INR __________________ during financial year 2015 - 16 from this tenant. OTHER DETAILS: Reason for not having Permanent Account Number: _____________________________________ Details of Ward / Circle / Range where the last return of Income was filed: _________________ Details of document enclosed in support of self residential address: _______________________ VERIFICATION I, ________________________________(Landlord) do hereby declare that what is stated above is true to the best of my knowledge and belief. Verified today, the ______________ day of ________________. Date: Signature of the Landlord Note: Documents which can be produced in support of Landlord residential address are:

01. Ration Card 02. Passport 03. Driving Licence 04. Copy of the Electricity Bill showing residential address 05. Identity Card / Any document issued by any authority of Central / State Government or

Local bodies showing residential address.


Form 12 C cum Declaration Form to claim Housing Loan deductions

IMPORTANT NOTE:

1. The filed declaration form is mandatory to claim Housing Loan Benefit either self occupied or Income / Loss from House Property.

2. Separate declaration form needs to be filed and submitted for every housing loan claim.

3. Housing Loan benefits will not be extended in case of claiming HRA exemption and the rental premises address & the housing loan property are in the same CITY.

4. Please ensure completing declaration in all respect. In-complete declaration will not be considered for process.

5. No deduction will be considered with out having duly completed / signed declaration form submitted by the employee.

DECLARATION

Employee Code :

Employee Name :

Residential Address : __________________________________________

__________________________________________

City with Pincode : __________________________________________

Are you claiming HRA exemption : YES / NO

If Yes, Address of the rental premises and City : __________________________________________

__________________________________________

CITY: _____________________________________

Whether the rental premises city and Housing Loan Property City are same : YES / NO

Housing Loan Benefit claiming under : Under Self Occupied / Let out Property

Housing Loan Type / Purpose : Repair/renewal/reconstruction of the house (OR)

: Acquisition/Construction of House (OR)

: Purchase of Housing Vacant Land


Name and address of the lender (loan provider): : __________________________________________

__________________________________________

Housing Loan Sanction Date : __________________________________________

Construction completed Date : __________________________________________

Possession taken Date : __________________________________________

Whether the Loan is joint Loan : Yes / No

If yes percentage of benefit claimed : Percentage Claiming:_____________

If opted for beyond prorated rate, you are declaring that the repayment of loan is made out of your income and other family member or the joint holders are not claiming the benefit.

Property Registered in the name of : __________________________________________

Property Address and City : __________________________________________

CITY: _____________________________________

Whether the property is : Self Occupied / Vacant / Let out

In case of Self Occupied Property

Have you enclosed the housing loan provisional certificate : YES / NO

Amount of Deduction claimed : Rs. _______________________________________

Are you claiming Pre-Emi benefits : Yes / No

Pre EMI Int Paid Amount & Financial Year

1. FY 2010 - 11 Pre EMI Paid as per certificate enclosed : 0.00





Total Pre EMI Interest Paid : 0.00

Eligibility Amount (1/5-one fifth of the total pre EMI paid) : 0.00

In case of Vacant / Let Out Property

Particulars Amount Rs.

1. Annual lettable value / Annual rent received or receivable (whichever is higher)

: -

2. LESS: Municipal Taxes paid : -

3. Gross Annual Income from House Property (1-2) : -


Less Deductions under Sec 24:

a) Repair and Maintenance charges to the extent of 30% of the Gross annual Income (3)

: -

b) Interest payable for this Financial Year : -

c) Interest for the period prior to construction or acquisition (allowable only in case of let out property over a period of 5 years)

:

-

Total Deductions (4a+ 4b+ 4c) : -

Net Income (or) Loss from House Property (3 - 5) : -

NOTE:

1. Deduction should not be claimed / will not be allowed in case of Housing Loan Type / Purpose is for Purchase of housing vacant land

2. No deduction under section 24 is allowed in respect of a self-occupied property or a property which could not be occupied because of employment, business or profession at another place or where the annual value is taken a nil.

3. Higher deduction (of Rs.2,00,000/-) is not allowable in respect of interest on capital borrowed for the purpose of repairs or renovation of an existing residential house.

4. Please give separate computation in respect of each property.

5. Please provide necessary proofs in respect of interest and principal payments.

Declaration

I, …………………. (name of the employee), do declare that what is stated above is true to the best of my information and belief.

DATE: Signature of the employee

Employee ID


STANDARD FORMAT OF THE CERTIFICATE TO GET DEDUCTION UNDER SEC 80 DD / SEC 80 U Name and address of the Institute / Hospital : Issuing the certificate Certificate Number:________________________ Date: _______________

CERTIFICATE FOR THE PERSONS WITH DISABILITIES

This is to certify that Shri / Smt. / Kum …………………………………………………. Son / wife / daughter

of Shri ………………………………………………. Age ………………….. old male / female, Registration number

……………………… is a case of …………………………………………. He / She is physically disabled / visual

disabled / speech & hearing disabled and has ……………..% (…………………………….. percent)

permanent (physical impairment / visual impairment / speech & hearing impairment) in

relation to his / her …………………………………………………………………………………………….

Note: -

1. This condition is progressive / non progressive / likely to improve / not likely to improve. *

2. Re-assessment is not recommended / is recommended after a period of ………………………. Months / years. *

• Strike out whichever is not applicable. Signature of Doctor Signature of Doctor Signature of Doctor Date & Seal Date & Seal Date & Seal Signature / Thumb impression Countersigned by the of the patient. Medical Superintendant / CMO / Head of the Hospital (with Date & Seal)

Recent attested photograph showing the disability

affixed here


CERTIFICAE OF MENTAL RETARDATION

TO GET DEDUCTION UNDER SEC 80 DD / SEC 80 U

This is to certify that Shri / Kum ……………………………………………………………. Son / daughter of

……………………………………………………………………… of village / town / city ……………………………….. with

particulars given below:

a. Age

b. Sex

c. Signature / Thumb impression

CATEGORISATION OF MENTAL RETARDATION Mild / Moderate / Severe / Profound : Validity of the certificate : Permanent

Signature of Government Doctor / Hospital with seal

Chairperson Mental Retardation Certification Board Dated: Place:

Recent attested photograph showing the disability

affixed here


FORM NO. 10-IA

[See sub-rule (2) of rule 11A]

Certificate of the medical authority for certifying ‘person with disability’, ‘severe disability’, ‘autism’, ‘cerebral palsy’ and ‘multiple disability’ for purposes of section

80DD and section 80U Certificate No.: Date : This is to certify that Shri/Smt./Ms._______________________________ son/daughter of

Shri_________________________________, age______ years___________male/female*

residing at____________________________________, Registration No.__________is a

person with disability/severe disability* suffering from autism/cerebral palsy/multiple

disability*.

2. This condition is progressive/non-progressive/likely to improve/not likely to improve*. 3. Reassessment is recommended/not recommended after a period of __________ months / years*.

(Neurologist/Pediatric Neurologist/Civil Surgeon/ Chief Medical Officer*)

Name:_______________________________________________

Address of Institution/Government hospital:

_____________________________________________________

_____________________________________________________

SEAL Qualification/designation of specialist:____________________ Signature/Thumb impression* of the patient: _______________ Note: *Strike out whichever is not applicable.