APPLICABLE ONLY FOR OLD TAX REGIME

ANNEXURE – ‘F’ Annexure to Investment Declaration Form for 2020-20

DECLARATION FOR CLAIM OF DEDUCTION FOR LOSS FROM HOUSE PROPERTY (Interest paid on Home Loan)

01 Date of sanction of loan

02 Purpose of loan
(Purchase/Construction/Repairs**/Renovation/Extension/Improvement). Home loan
benefit is applicable only after taking possession of the house and during construction
period IT benefit is not applicable.
Section 80EE deduction - Amount of Loan sanctioned doesn’t exceed 35 lacs and
03
sanctioned during the period 1st April 2016 to 31 st March 2017.
A) Value of residential property doesn’t exceed Rs. 50 lacs
B) Do you own any residential house property on the date of sanction of loan?
If yes not applicable for 80EE deduction.
Section 80EEA: Interest on housing Loan on purchase of an affordable house
04
sanctioned during the period 1st April 2019 to 31 st March 2020.
A) Stamp duty value of house property (does not exceed Rs 45 lakh.)
B) Do you own any residential house property on the date of sanction of loan?
If yes not applicable for 80EEA deduction.
C) Mention Carpet area of the residential unit (doesn’t exceed 60 square meter
or 90 square meter) and mention property location / city
For details Refer to ABB India salary tax guidelines FY 2020-21
05 In case of purchase of House Property, please mention:
(A) Date of Purchase of House Property
(B) Date of Occupancy/Possession of the House
04 In case of construction, date of completion of construction
05 In case the House in joint names, mention the % to be considered for your IT
exemption.
06 HRA benefit under Sec.10 is to be discontinued from date (If your own house and
rental accommodation are in the same City, income-tax benefit is applicable to any
one only).
07. Name of Loan Lender (Bank Name and PAN)
(All the above columns are mandatory and hence please ensure to fill all the columns)
I, _____________________________ do hereby declare that property is owned / jointly owned by me what is stated above is true to the best of
my knowledge and belief. ____________________________________
Place : Signature of Employee

Date : Emp. No. _________________ Mobile No.____________________

1. Attach Provisional Letter from the Bank for the Principal & Interest payment for the current financial year.
2. In case you are availing Income-tax benefit for home loan for the first time, please attach Possession Certificate from the builder or
completion certificate in case of independent house.

Full Address of House Property for which such loan has been taken:-

________________________________________________________________________________________________________________________

____________________________________________________________________________________________________

**If capital is borrowed for reconstruction, repairs, renewals of a house property, then the maximum amount of deduction on account of interest is

Rs. 30,000/-. The payment of principle, if any, is not eligible for any deduction in this case.