You are on page 1of 1

E.

Payment of interest on loan taken from Bank / notified financial institution / approved charitable institution for pursuing higher education of the employee
or employee's spouse or children or the student for whom the employee is the legal guardian (Sec. 80E)

- Deduction : Actual interest paid during the year ( Provisional Interest certificate to be
Proposed: Rs.
provided)maximum for 8 years including the first year of payment of interest).

No. of consecutive
- "Higher Education" means any course of study pursued after passing the Senior Secondary Examination or its
year f or which the
equivalent from any school, board or university recognised by the Central/State Government or local authority
or by any other authority authorised by Central / State Government or local authority to do so. deduction is
claimed

-Provisional interest Certificate from Bank / notified financial institution / approved charitable institution towards interest payment to
be produced
Certificate
enclosed( tick, if

F.1. Payments/deposit for Annuity Plan of Life Insurance Corporation or any other Insurer for receiving Pension (Sec.8 CCC)
[if the deduction is claimed under this section, no deduction u/s 80C for this payment is allowed (See G)]

- Deduction up to Rs.1,50,000.
However, this deduction together with the deduction u/s 80C and 80CCD(1) cannot exceed Rs.1,50,000. Proposed: Rs.

2. Deposit by employee in respect of investment in New Pension Scheme of Central Govt. (Sec.80CCD)
Deduction: Deposit not exceeding 10% of the salary.

However, this deduction together with the deduction u/s 80C and 80CCC cannot exceed Rs.1,50,000. Proposed: Rs.
3. 80CCD(1B) => NPS , Deduction: Deposit not exceeding 10% of the salary (up to the limit of Rs. 50,000 over and above Rs.
150000/-)
Proposed: Rs.

G. Deduction under chapter VI-A (Sec.80C). [Deduction u/s 80C is limited to Rs. 1,50,000 including deduction u/s 80CCC and 80 CCD(1)] (Other than
deduction under employee's contribution to PF )
Particulars Proposed (Rs.)
1. Public Provident Fund in the name of employee, spouse or any child
Name of Spouse or Child :
2. NSC (VIII Issue) Rs. ………. (Accrued interest on NSC VIII Issue) Rs. ……….
3. Life Insurance Premium in the name of employee, spouse or any child
Name of Spouse
Name of Child
4. Unit Linked Insurance Premium UTI/LIC Mutual Fund ( in the name of employee, spouse or any child)
5. Subscription to specified schemes of notified Mutual Funds / UTI.
6. Notified Annuity plans of LIC or other insurers
7. Contribution to any pension fund setup by any notified mutual fund or established by UTI
8. Repayment of Principal towards Housing Loan.
( Please provide provisional certificate from the Bank)
9. Term Deposit for a period not less than 5 years with scheduled banks
(Bank Term Deposit Scheme, 2006)
10. Other eligible investments (Please specify )
a)
b)
c)
d)
10. Tuition fees*
[* Includes fee paid to any university, college, school or other educational institution situated within India for the purpose of full time
education of any two children of the employee. Excludes development fees or donation or payment of similar nature.]

Name of the First Child :


Tuition fee
Name of the Second Child :
Tuition fee

11. Sukanya Samriddhi Account

Total

Signature of the Employee

Page 2 of 3

You might also like