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Zevera premium account 4 21 2016 registration#
Zevera premium account 4 21 2016 verification#

Loan statement or interest certificate from your banker or home loan provider.

Section 24B : To claim the total interest paid on your home loan during the FY, you have to submit.

(Read : Section 80D – Health Insurance premium & Tax benefits) You can also submit receipt(s) that are paid towards health-checkups.

Section 80 D: Copy of premium receipt paid during the Financial Year can be submitted.

You may go through this related article – ‘ Tax Saving investment options u/s 80c : In whose name can they be invested?‘.

(However, if you transfer the property before the end of 5 years from the year in which you took possession of the property, the deduction claimed will be added back to your income and you’ll have to pay tax on it)

Zevera premium account 4 21 2016 registration#

Stamp duty, registration feesand brokerage expenses paid towards transfer of the property can be claimed as deduction.

Copy of Sukanya Samriddhi Account passbook.

Copy of Post Office Term depositreceipt with more than 5 year term.

Copy of Tax saving Bank deposit receipt (5 year deposit).

Copy of NSC certificatein the name of self.Kindly note that any payments made towards donation, uniform fee, van fee, maintenance fees etc., will not be considered. Mutual Fund statement (Investments in ELSS funds or Retirement funds only, lump sum or SIPs).Home loan statementfrom your banker or provider which reflects principal portion of your EMIs.Passbook copy of PPF(Public Provident Fund) or Copy of the stamped deposit receipt, paid during current financial year.(Premiums paid on endowment / money-back / ULIPs / pension / Term insurance policies can be submitted) These receipts can be in the name of self/spouse/children. If you have a life insurance policy, you can submit Life insurance Premium paid receipts.Section 80C : To claim tax deductions under 80c, you can submit below investment documents as proofs.Income Tax Deductions & Deductible Allowances – Investment Proofs FY 2020-21 / AY 2021-22īelow are the document proofs that are generally accepted to claim income tax exemptions and allowances. Latest update: If you opt for the New Tax Regime then you can not claim popular income tax deductions under sections like 80c, 80d etc., For more details, click here.

Zevera premium account 4 21 2016 verification#

So, the verification of investment proofs will be more stringent by the employers.

The Income Tax Department has also issued a circular and made it very clear to all the employers to verify the genuineness of each claim made by the employee. You need to submit both IT investment declaration and Investment proofs (documents)to your employer (IPSF – Investment Proof Submission Form). If you do not submit the required investment proofs at the year end, your employer will then be forced to deduct complete tax without considering your provisional investments (IT Declaration).

To calculate TDS, your employer considers the declared investments and expenses that are either Tax Exempted (or)eligible for tax deductions under Income Tax Act. (Generally most of the employers ask for investment proofs during Jan to Feb)īased on your proposed investments and expenses, your employer deducts TDS ( Tax Deduction at Source, if any) from your monthly salary and deposits it to the government account. At the financial year end, you need to provide supporting Investment Proofs for these investments that you have specified in IT declaration.