SUBMISSION OF INCOME TAX INVESTMENT DECLARATION
( For the FY April 2020 - March 2021) (ASSMT. YEAR 2021 – 2022)
Company Name Xitadel CAE Technologies India Pvt Ltd Employee ID :-
Employee Name :- Location :-
Metro / Non
DOJ :-
Metro :-
PAN Number :- Telephone :-
Gender :- Cell Number :-
Particulars of
Proofs Required Max Limit Proof Amount
Investment
Please find enclosed my income tax investment declaration, which needs to be taken into account for the
computation of my income tax for the financial year 2020 - 21
Photocopy of Rent Agreement and Monthly Rent Receipt in Original
(Employees opting for Self occupation and HRA should
compulsorily submit Rent agreement)
Annual rent paid by the employee exceeds Rs 1, 00,000 per annum, it is
mandatory for the employee to report PAN of the landlord to the employer. In
House Rent Allow case the landlord does not have a PAN, a declaration to this effect from the
landlord along with the name and address of the landlord should be filed by the
employee. It is mandatory for claiming HRA, if the PAN or declaration not
provided then HRA cannot be claimed.
Compulsary Rental Agreement and Rental paid receipts to be submitted for
HRA. Exemption.
(Amount paid every month) (Rs 9500x 12 Months)
(In case, rent is changed during the year) (Rs……..x …Months)
Max Limit Proof Amount
Sec 80D - Medical Insurance Premium (If the policy covers a senior citizen (above
60 years) then exemption is Rs.30,000/-). Additional Rs. 25,000/30,000 will be
available for the premium paid on the health of parents.
25000/30000
80DD [Maintenance and Medical Treatment of Disabled dependent]:
Flat Deduction of Rs.75,000 (In case of severe disability i.e., 80%, Deduction is
Rs.1,25,000] 75,000.00
80DDB [Medical treatment for specified diseases]:
Rs.40,000 for Normal Individuals
Rs.60,000 for Senior Citizens
Rs.80,000 for Super Senior Citizens 40,000.00
Deduction Under 80U [Person with disability]:
Chapter VI A Rs.75,000 for normal disability and Rs.1,25,000 for severe disability. 75,000.00
Section 80E : Chapter VI-A (Income Tax) Deductions AY 2021-22
Deduction in respect of repayment of loan taken for higher education: Available to
individual.
The deduction of an amount actually paid by an individual during the previous year
out of his income chargeable to tax by way of an interest on loan, taken by him from No limit
any financial institution or any approved charitable institution for the purpose of
pursuing his higher education.
The deduction under Section 80E will be available in computing the total income in
respect of initial assessment years and the seven assessment years immediately
succeeding the initial assessment year or until the interest thereon is paid by such
individual in full, whichever is earlier
Deduction under Section 80C (Maximum Limit Rs. 150,000 including PF & VPF ) Max Limit Proof Amount
LIC Premium Photocopies of the premium paid receipts to be enclosed. If premium falls in Mar'15
please enclosed Previous year Premium paid photo Copy.
PPF Photocopies of the certificates to be enclosed (Does not consider the PF amout
deduct through salary)
U.T.I. / ULIP Photocopies to be enclosed
Housing Loan Original statement / certificate issued by the Housing Finance Company / Bank,
Principal Repayment giving the breakup of Interest & Principal repayment along with date of sanction of
Loan. Form 12C to be enclosed
Rs. 150,000
Recognized M. Fund Photocopies to be enclosed
Infrastructure Bonds Photocopies to be enclosed
Children Tuition Fees Enclose Original Tuition fee paid receipt only
NSC (VIII Issue) Photocopies of the certificates to be enclosed
Interest accrued on Photocopies / Details of investment made in previous years NSC to be provided for
NSC computation of Interest accrued on NSC
Fixed Deposit Photocopies of the certificates to be enclosed (5years Fixed Deposit)
Pension Fund Sec 80CCC - Contribution to Pension Fund (Jeevan Suraksha)
Deduction under Section 80CCD (Maximum Limit Rs. 50,000 ) Max Limit Proof Amount
NPS Sec 80CCC - Contribution to Pension Fund (NPS) 50,000.00
Other Deduction / Income - Housing Loan Interest Max Limit Proof Amount
Original statement/certificate issued by the Housing Finance Company/Bank, giving the breakup of
Interest&Principal repayment along with date of sanction of Loan. Please indicate whether you have occupied
the property or intend to occupy the property before 31.03.2016. Please give the photo copy of completion
certificate obtained from the Builder.
200000 (If it is
self occupied
property)
Please specify whether house is self occupied or letout, if letout provide us the rental income and municipal -
tax paid payable during the FY 2020-21
I certify that the information given above by me is true and I am also aware that the benefits are allowed to me only on the basis of this
declaration. It will be my duty to produce all the records to the Income Tax Department for claiming the relief.
Date :-
Place:- BANGALORE Emp. Signature
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