Actual Investment Declaration for FY
2017-18
Subject : Investment-wise Supporting
The following documents (as applicable) need to be enclosed with the Investment Declaration Form
as proof for Actual Investments.
Section Nature of Deduction Maximum Amt
10(13A) House Rent Allowance
Exemption
80C Housing Loan Repayment
(Principal)
80C Sukanya Samriddhi
Scheme (from FY 2015-16)
80C Term Deposit with
Scheduled Bank for less
than 5 years as per scheme
notified by Central
Government
ANNEXURE – 2
Documents Required
-  Metro or Non Metro to be ticked
while applying on timescape based on
address of rented property – Can be
written
 Lease Rent Agreement copy or
Declaration by Land Lord (in absence
of Lease Rent Agreement) in attached
Format (Annexure 5)
 Ownership proof of Landlord of
rented premises. (Proofs should be
House Tax Receipt or latest
Electricity Bill or Share Certificate
in case of Co-operative Society
Houses)
 PAN of the Land Lord is a must on
Lease Agreement OR the
Declaration in Annexure 5,(PAN is
needed where monthly rent is
above Rs.8,333. (Rs.1,00,000/- per
annum)
 Original rent receipts for the period
Apr. to Dec. to be provided along with
Actual Investments in January before
cut-off date.
 Copies should be retained by
employees for personal income tax
assessment.
-  Certificate from Financial Institution
specifying Principal paid during
Apr.17 to March.18 (FY 2017-18).
Rs.1,50,000  Deposit Receipt or Certificate from
bank
 Deposit Receipt or Certificate from
bank duly attested by the Bank.
80CCD National Pension Scheme  If Employee applied for rebate of
(Tier 1 A/c) Rs.50,000 p.a. thru salary deduction.
 Employee 80CCD(1B)- Rs. 50,000 then they need not submit any proof.
 Employee 80CCD(1)- Rs. 1,50,000
 If employee has deposited Rs.50,000
outside salary (ie on his own), to
claim this rebate then submission of
copies of PRAN Card, NPS
Transaction Statement from
CRA.NSDL.COM website for Tier 1
Account is necessary.

 Employees Own Contribution to NPS

excluding transaction charges will be
considered up to a maximum of
Rs.50,000/- for rebate under
80CCD(1B).

 Any amount over 50,000/- under

 Employer 80CCD(2) – 10% of
Basic Salary
24
Loss from Housing Property
- Interest on Housing Loan
- SELF OCCUPIED
Employees Contribution to NPS thru
Salary will be considered under
80CCD(1) for rebate, subject to
overall limit of 1.50 lacs under
80CCE (including savings under
Section 80C / 80CCC)
 Employer’s Contribution in the
Transaction statement is fully
considered for rebate under Section
80CCD(2) - if it has been opted
through HRD. No submission of
proof is required.
 Rs.2,00,000/- if Interest Certificate from Bank /
loan availed on Financial Institution, specifying break
or after 1st April up of Interest & Principal Amount for
1999 FY 2017-18. Date of Commencement
 Rs. 30,000 if of Loan is must on Certificate.
possession not  Possession/Construction completion
done within 5 certificate is a must for availing the
years of loan relief. Date of Commencement of
taken.( or loan Loan is must on Certificate.
taken for  Annexure 3 with details applicable.
Repairs/ *(The arrived Loss to be captured in
Renewal) Sr.No.3-B in Actual Invt. Decl. on
 Rs.30,000/- if Timescape)
loans availed  Date of Loan taken is Mandatory in
before 1st April annexure 3. Pl highlight the same in
1999 the Investment Declaration form on

- LET OUT ON
RENT
Income from Housing
Property - Let out
80EE Deduction for Housing
Loan taken in 2017-18 for
First Residential Property.
– Interest on Housing Loan
80D Mediclaim Premium
(Introduced w.e.f. F.Y.
2015-16)
Timescape.
 Date of Possession s mandatory and
certificate of Possession to be
attached along with Annexure 3
Rs. 2 Lacs per annum  If the House for which loan has been
. availed is let out, then Computation of
Income/loss from House Property can
be covered on Timescape Investment
Declaration. The same should be
submitted with Certificate from
Financial Institution specifying
Principal & Interest paid during
Apr.17 to March, 2018 (FY 2017-18)
is required. Date of Commencement
of Loan is must on Certificate.
 Post let out of the house property,
if there is Gain (Profit) (as
worked out in Annexure 3) then
this gain needs to be declared in
Annexure 4 as Income from
Housing.
 (Also, to attach Annexure 3
working.)
 Rs.50,000 over  If Loan is sanctioned in FY 2017-18
and above Sec  If property value is below 50 Lakhs.
24 of Interest  If Loan sanctioned is below 35 Lakhs.
paid and not  Assesse does not own any residential
availed rebate property when this loan was
of. sanctioned. This is the first
Residential property.
 Rebate not availed in any other
section in respect of this interest.
 Rs.25,000/- .
(for Self,
Spouse &  Premium receipt/ Policy copies
Dependent clearly mentioning the age and
Children). relationship of family members
 Additional upto covered.
Rs.25,000 (for  The Insurer should be the employee to
dependent avail benefit and if not he should
parents below furnish a declaration that the premium
60 Years.) is paid by him from his Bank account
 Additional upto  Premium should not be paid by cash
Rs.30,000 (for and should be paid by cheque/ digital
dependent transfer from bank account.
parents above
60 Years –
 Senior Citizen)
Preventive Health Check up  Receipt for payment.
 Rs.5,000 is  Shoud not be paid by cash and should
considered for be paid by cheque/ digital transfer
Self (with from bank account.
Spouse &
Children) and
Parents, other
than policy
premium in
overall limit of
Rs.25,000 each.
 Receipt for payment.
 Rs.5,000 is  Shoud not be paid by cash and should
considered for be paid by cheque/ digital transfer
Senior Citizen from bank account.
Parents other
than policy
premium in
overall limit of
Rs.30,000.
 Set of Medical Bills with a self-
 If parents are declaration.
Super Senior
Citizens (80
years & above),
medical
expenses upto
Rs.30,000 is
allowed if
mediclaim
insurance is not
paid for them.

80DDB Estimated expenses in Rs.40,000/-  Certificate in prescribed Form No.10-

treatment of (Rs.60,000/- for I (Annexure 6) from a Doctor
Specified dependent above 60 working in a Government Hospital.
Diseases [AIDS, years) Rs.80,000/- 80  Original bills to be submitted before
Cancer, age above last date.
Thalassaemia,
Hemophilia,
Chronic Renal
Failure, Chronic
NeurologicalDisea
ses]
80DD Expenses on Handicapped Rs. 75,000/-  Attached Certificate as per Annexure
Dependant/ (Rs.1,25,000/- if 7 - I, II or III as applicable.
Deposit in disability exceeds  No Bills required and deduction is
Specified 80%) fixed deduction if handicapped
Institution certificate provided.
 Handicapped family member should
 not have claimed section 80U rebate
in his income tax returns.
80U Personal Disability (Self) Rs. 75,000/- ( Rs.  Attached Certificate as per Annexure
1,25,000/- if 7 - I, II or III as applicable.
disability exceeds  No Bills required and deduction is
80%) fixed deduction if handicapped
certificate provided.

80E Interest on Education Loan No Limit  Certificate for Admission at

availed from Education Institute.
Charitable /  Certificate from Charitable / Financial
Financial Institution (Provisional Statement)
Institution (For specifying Principal & Interest for FY
Self, Spouse & 2017-18.
Children) for  Other Documents, if any.
Higher
Education.
80TTA Interest received on deposits Rs.10,000  Statements from Banks and Post
(not being time Office specifying interest earned
deposits) in during the financial year.
Savings
Account of
Banks, Co-
Operative
Banks and post
office.
(Introduced w.e.f. F.Y.
2012-13)

Please follow the following guidelines:

1) Please sequentially number all supporting documents attached with Investment Declaration.
2) Please attach a separate list of insurance policy receipts totalling to the amount claimed in
the declaration, giving policy number wise details with date of payment.
3) If investments in life insurance, PPF, etc. are made in the name of spouse or children, please
mention the relationship on the relevant supporting documents and specify that you have
paid the premium.
4) Please ensure that all supporting’s attached are matching with the investments declared on
Timescape. No additional amount should be mentioned on timescape.
5) Please ensure that Printout of Annexure 3 submitted on Timescape to arrive Loss/ Gain on
House Property has been attached with the declaration. Also, attach Annexure 3 (Hard Copy)
which covers other important details of the relevant property.
6) Please note that copies of the possession certificate/ interest certificate/ Lease agreement for
rent or any other supporting documents need to be submitted, if applied for.
7) Please do not mention any savings / investments you plan later, as from January only what is
actually done will be considered. (except for continuing LIC Policy / mediclaim policy due for
payment from Jan to March. In such cases attach previous year Jan- March payment receipt.)

Employee Services Group

Finance, Mumbai;